Income Tax

PHL loses over P300 billion in yearly revenues from corporate taxes, perks

  https://www.youtube.com/watch?v=BZWTXT8pD2Q (Eagle News) --The Department of Finance (DOF) said Thursday the government loses more than P300 billion annually from…

Senator Aquino warns of possible domino effect of fuel price increases due to TRAIN

(Eagle News) -- Senator Bam Aquino on Wednesday warned of what he said was a possible domino effect of the…

Increase in excise tax to coincide with lower income tax

QUEZON City, Philippines (Eagle News) -- The government will resume giving coupons to public transportation providers once the proposed increase…

Villar files bill to lower income tax of Filipino workers

MANILA, July 11 - Sen. Cynthia Villar filed a bill that seeks to adjust the income brackets of tax imposed on…

Lawmakers protest proposed increase on VAT

QUEZON City, Philippines, Sept. 1 (Eagle News) -- The administration and independent minority bloc in the House of Representatives joined…

Malacañang open to lowering of income tax

MANILA, Philippines, August 27 (Eagle News) -- The Malacañang said that it is open to the proposed decrease of the…

President Aquino approves proposed higher tax exemption for bonuses

President Aquino approved the proposal for a higher exemption on the taxation of bonuses, raising said exemption up to 82,…

Congress to pass law for lower income tax rates

The House Committee on Ways and Means plans to pass a law for lower income tax rates in March. [youtube…

Diskusyon – Bill to Lower Personal, Corporate Income Tax Payments

[youtube id="ra1bhlSw1dk"] In order to alleviate the crippling financial burden, some lawmakers are proposing to lower the personal and corporate…

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