Tag: Taxes

Clinton, Trump clash and interrupt each other in first presidential debate

    * Each accuses other of distortions, falsehoods *Clinton called the New York businessman’s tax policies “Trumped-up trickle-down” economics *Trump accused the former secretary of state of being “all talk, no action.” * Clinton criticized Trump for failing to pay some of the business people with whom his company had contracted. *Trump said such incidents of non-payment had taken place when the work was unsatisfactory. *Trump attacked Clinton for her trade policies and said […]

DBM releases P234-M share of LGUs from mining taxes

MANILA, Apr. 14 — The Department of Budget and Management (DBM) announced the release of the 40-percent share of Local Government Units (LGUs) from mining taxes in the amount of P233.8 million. The amount pertains to the LGU share from excise taxes collected from the mining industry between December 2011 and the fourth quarter of 2014. “We have issued the allotment and corresponding cash allocation for the release of the lawful share of LGUs in […]