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Marcos wants PPE, medical supply manufacturers exempted from some taxes

Katrina Domingo, ABS-CBN News
Posted at Jul 23 09:29 PM

Sen. Imee Marcos on Thursday pushed to exempt local medical supply manufacturers from some taxes to ensure that Filipino-owned businesses would be more competitive against their international counterparts amid the coronavirus disease 2019 (COVID-19) crisis. Read more »

National govt swings back to budget surplus position in June

ABS-CBN News
Updated as of Jul 22 01:33 PM

The national government's fiscal position swings back to surplus in June as it ramped up collection of delayed income taxes and economic activities resume following easing of lockdowns, the Bureau of Treasury said Wednesday.    Read more »

Excise tax collections from large taxpayers exceed January - June target: DOF

ABS-CBN News
Posted at Jul 13 02:54 PM

Collections by the Bureau of Internal Revenue from large taxpayers reached P128.59 billion, exceeding the adjusted P113.64 billion target for the period by 13.15 percent, the DOF said in a statement.   Read more »

Villanueva urges BIR: Collect unpaid POGO taxes, probe illegal tax collector

Katrina Domingo, ABS-CBN News
Posted at Jul 03 06:20 PM

Sen. Joel Villanueva on Friday urged the Bureau of Internal Revenue (BIR) to investigate an unnamed official who has been illegally collecting "under the table" taxes from Chinese-run online gambling firms in the Philippines. Read more »

POGOs paid taxes 'under the table' says Locsin

Willard Cheng, ABS-CBN News
Posted at Jul 03 01:33 PM

Philippine Offshore Gaming Operators (POGO) did pay their taxes but "under the table” said Foreign Affairs Secretary Teodoro Locsin, Jr. in a tweet on Thursday. Read more »

Solon warns loss of gov't revenues, not just jobs, if ABS-CBN franchise not renewed

ABS-CBN News
Updated as of Jul 02 09:19 PM

The BIR on Thursday said ABS-CBN Corp. remitted P15.4 billion in various taxes from 2016-2019 making it one of the top taxpayers in the country.  Read more »

BIR says ABS-CBN has no tax deliquency

ABS-CBN News
Posted at Jul 02 02:20 AM

The country's tax collector maintains ABS-CBN has no tax delinquencies. Read more »

ABS-CBN subsidiary Big Dipper compliant with tax laws: BIR and PEZA

ABS-CBN News
Posted at Jul 01 10:20 PM

ABS-CBN subsidiary Big Dipper pays correct taxes and is legally allowed to enjoy tax incentives, officials from the BIR and the PEZA said on Wednesday.  Read more »

ABS-CBN has no tax delinquency, BIR tells solons

Christian V. Esguerra, ABS-CBN News
Posted at Jul 01 06:27 PM

ABS-CBN Corp. has no current tax delinquency and, with the rest of the companies under the ABS-CBN Group, infused a combined P71.5 billion in taxes to government coffers in 17 years, congressmen scrutinizing its application for a new broadcast franchise were told Wednesday. Read more »

Only 1 POGO so far left Philippines as regulators go after taxes: Palace

ABS-CBN News
Updated as of Jul 01 03:44 PM

Only 1 Philippine offshore gaming operations (POGO) hub has closed so far as authorities seek their full tax compliance, Presidential Spokesman Harry Roque said Wednesday.  Read more »

ABS-CBN pays proper taxes, has no tax liability: CFO

Art Fuentes, ABS-CBN News
Posted at Jul 01 01:24 AM

ABS-CBN has been paying the proper taxes and has no tax liability with the BIR, a company official testified during Tuesday’s congressional hearing on the network’s broadcast franchise application.  Read more »

Don't want to pay taxes? Say goodbye to PH, Palace tells POGOs

Arianne Merez, ABS-CBN News
Posted at Jun 29 05:11 PM

Philippine Offshore Gaming Operators (POGOs) can say goodbye if they refuse to pay taxes, Malacañang said Monday following the reported exodus of online gambling firms mostly catering to Chinese. Read more »

Palace insists: POGOs with unpaid taxes prohibited from operating

Arianne Merez, ABS-CBN News
Posted at Jun 25 05:21 PM

Malacañang on Thursday stood by its policy that Philippine Offshore Gaming Operators (POGOs) need to settlet their taxes first before being allowed to operate.   Read more »

Only 2 firms settled taxes despite permission for POGOs to operate during lockdown: senator

Katrina Domingo, ABS-CBN News
Posted at Jun 23 06:35 PM

Only two Philippine Offshore Gaming Operator (POGO) firms have paid taxes despite the industry being allowed to resume operations during the coronavirus disease 2019 (COVID-19) lockdown, Sen. Joel Villanueva said Tuesday. Read more »

Europe threatens digital taxes without global deal, after US quits talks

Leigh Thomas and Jan Strupczewski, Reuters
Posted at Jun 18 06:50 PM

France said a US decision to quit global talks on how to tax big digital firms such as Google, Amazon and Facebook was a "provocation" and the European Union said it could impose taxes even if no deal was reached by year-end. Read more »

ALAMIN: Requirements sa pagpaparehistro ng online business sa BIR

ABS-CBN News
Posted at Jun 16 01:49 PM

MAYNILA - May karampatang proseso sa pagpaparehistro ng online sellers sa Bureau of Internal Revenue, ayon sa Department of Trade and Industry.  Read more »

Tax memo aims to 'remind,' not 'go after' online sellers, says DOF

ABS-CBN News
Updated as of Jun 12 11:53 AM

The Department of Finance said Friday it was not running after small sellers when the tax bureau issued a memorandum reminding those who transact online to register and pay for taxes. Read more »

Drilon to include stricter POGO tax collection provision in Bayanihan 2

Katrina Domingo, ABS-CBN News
Posted at Jun 02 05:33 PM

Senate Minority Leader Franklin Drilon on Tuesday pushed for the inclusion of a provision that will mandate online gambling firms to fully pay their taxes to boost the Philippines' fund for coronavirus response programs. Read more »

Ayala group pays P9.86 billion taxes ahead of deadline to aid PH's virus response

ABS-CBN News
Posted at May 18 05:10 PM

Ayala Corp, Ayala Land, Bank of the Philippine Islands, Globe Telecommunications, AC Energy and Manila Water Corp paid a total of P9,858,293,348 of taxes, the group said in a statement. Read more »

PH needs to 'reduce taxes', 'settle policy' to benefit from investor exodus from China: Angara, Marcos

Katrina Domingo, ABS-CBN News
Posted at Apr 30 07:46 PM

The Philippines must "settle" its policies on businesses to tame uncertainties and attract coronavirus-worried investors who are exiting China to relocate to the Philippines, at least 2 senators said Thursday as the global pandemic continued to take a toll on the world economy. Read more »