Rappler's latest stories on Philippines tax
Tolentino wants tax deductions for employees working from home
Senator Francis Tolentino wants employees to receive tax deductions for the additional electricity consumption under the work-from-home scheme, or for employers to cover for the bill increase
Supreme Court affirms condo dues not subject to tax
The Supreme Court says association dues and other assessment charges do not form part of a condominium corporation's gross income
BIR: Online sellers earning less than P250,000 a year won't be taxed
But they still need to register, or else face penalties, says the Bureau of Internal Revenue
PEZA asks Senate to delay Citira passage amid coronavirus crisis
With the coronavirus crisis, Philippine Economic Zone Authority chief Charito Plaza finds an opening to appeal against the Citira bill anew
Bill lowering corporate tax moves to Senate plenary
The Department of Finance hopes Citira will hurdle the Senate before Congress goes on break by March 14
Senate panel OKs bill increasing cigarettes, alcohol taxes
If passed, the new set of taxes for alcohol and cigarette products will yield P40 billion to P50 billion in revenues
House passes Citira bill on 3rd reading
A total of 170 members of the House of Representatives vote in favor of the Duterte administration's 2nd tax reform package
[ANALYSIS] Will Duterte’s new tax measure kill foreign investments?
Many other things could make or break our country’s attractiveness to investors. Citira's stricter investment incentives may be the least of our worries.
2nd tax reform package renamed Citira, hurdles 2nd reading in House
The House of Representatives approves the Corporate Income Tax and Incentive Rationalization Act (Citira) on 2nd reading
House panel OKs Trabaho bill
House committee on ways and means chair Joey Salceda is expected to sponsor the Trabaho bill for 2nd reading on the same day his panel approves it
#AskTheTaxWhiz: Tax amnesty on delinquencies
The Philippine Tax Whiz breaks down the tax amnesty on delinquencies
New tax amnesty law has no spirit, says expert
For tax expert Mon Abrea, President Rodrigo Duterte should have thrown out the tax amnesty law completely, as it is now unable to execute its main goals
Duterte vetoes 'overgenerous' general tax amnesty
President Rodrigo Duterte vetoes the general tax amnesty provision of Republic Act No. 11213, which would have provided relief to people who failed to pay correct taxes
Oil price hike on January 8 not due to Train Law – DOE
Oil companies will hike diesel prices by P0.70 per liter and gasoline by P0.80 per liter amid price movements in the global market
Tax Academy to offer public finance, online courses in 2019
Finance Undersecretary Gil Beltran says this setup will make courses of the Philippine Tax Academy available to all personnel of revenue agencies
#AskTheTaxWhiz: New interest penalties under TRAIN law
The Philippine Tax Whiz discusses the new rules on interest penalty under the Tax Reform for Acceleration and Inclusion law
Because of OSG lapse, SC upholds Mikey Arroyo’s acquittal in tax case
The appeal is junked because the Office of the Solicitor General committed procedural lapses
Supreme Court: Tax on non-life insurance still effective
The Supreme Court reverses an earlier ruling of the Makati City Regional Trial Court
#AskTheTaxWhiz: What are deductions, exemptions from gross income?
The Philippine Tax Whiz discusses the changes to allowable deductions under the Tax Reform for Acceleration and Inclusion law
#AskTheTaxWhiz: What are the new alphanumeric tax codes under TRAIN?
The Philippine Tax Whiz consolidates all the new alphanumeric tax codes (ATCs) under the Tax Reform for Acceleration and Inclusion law
Senate approves tax amnesty bill on final reading
If passed into law, the bill would grant amnesty on all unpaid internal revenue taxes, including estate, value-added, and excise taxes, in 2017 and previous years
#AskTheTaxWhiz: How the TRAIN law affects documentary stamp tax
The Philippine Tax Whiz discusses the changes in documentary stamp tax rates under the Tax Reform for Acceleration and Inclusion law
Will they or won't they? DOF to review fuel tax hike suspension
The Department of Finance sees less pressure to suspend the fuel excise tax hike in 2019, with Dubai crude prices possibly tapering off in the last quarter of 2018
Duterte to suspend fuel tax increase under TRAIN law
(3rd UPDATE) President Rodrigo Duterte is implementing this in a bid to ease inflation and 'allow the public to manage their finances better'
Senators' election plans bog down Trabaho bill – think tank
The Action for Economic Reforms says Senator Sonny Angara can pass on the Trabaho bill to other lawmakers if he fears the measure will hurt his reelection bid
Rappler Talk: Dissecting the Trabaho bill
Rappler talks to Chito Zaldarriaga, president of the Philippine Ecozones Association, about their take on the Duterte administration's second tax reform package
#AskTheTaxWhiz: What does the Trabaho bill offer?
The Philippine Tax Whiz discusses the impact of the Trabaho bill to ordinary taxpayers
Foreign chambers on Trabaho bill: 'Leave PEZA alone'
'We are advocating for the continued operation of PEZA as it is now. And also making sure that rationalizing our incentives [that] it is still competitive with the rest of the region,' a business group executive says
House approves Trabaho bill on 3rd reading
(UPDATED) But opposition lawmakers vote no to the Tax Reform for Attracting Better and Higher Quality Opportunities bill, arguing it would lead to job losses
House approves Trabaho bill on 2nd reading
Speaker Gloria Macapagal Arroyo herself is present at the plenary to ensure the approval of the tax reform measure
[OPINION] Tax carbon emitters, use new revenue for health care
Will our lawmakers seize this golden opportunity or will they resign us to a future of unintended consequences?
Job losses 'very minimal' under Trabaho bill – DOF
Finance Undersecretary Karl Kendrick Chua says over 97,000 small and medium enterprises can expand their businesses and generate more jobs due to lower taxes
How damaged assets can reduce your income tax
Our tax laws allow casualty losses to be claimed as deduction for income tax purposes
LIVE: Senate hearing on TRAIN law's impact on inflation
Watch the hearing live on Thursday, August 16
Expand Train law subsidies for poor in 2019 budget
Senator Paolo Benigno Aquino IV says those who need subsidy exceed the 10 million projected under the budget department
Private hospitals warn TRAIN 2 will jack up medical bills
The Private Hospitals Association of the Philippines also says cutting corporate tax incentives would lead to the closure of some hospitals
#AskTheTaxWhiz: Planning to buy a car?
The Philippine Tax Whiz explains the impact of the Tax Reform for Acceleration and Inclusion (TRAIN) law on the prices of automobiles
#AskTheTaxWhiz: Social mitigating measures of tax reform law
The Philippine Tax Whiz lets us know about provisions in the TRAIN law meant to help the poorest of the population
[EDITORIAL] #AnimatED: The bad joke that is Benjamin Diokno
Step down from your ivory tower and embrace reality – the reality of the shrinking peso, in the truest meaning of the word
[OPINION] Higher inflation: Is TRAIN to blame? (Part 1)
In these tough times, government officials must be wary of populist policies that could make matters worse. They should also avoid making callous remarks that tend to belittle the poor and add insult to their economic injury.
Senators urge gov't to suspend excise taxes on fuel
'Nalulunod na ang mga Pilipino sa taas ng presyo. Aantayin pa ba nila ang 2019? Hindi pa ba aaksyon ang pamahalaan?' asks Senator Paolo Benigno 'Bam' Aquino IV
The burden of TRAIN law on Filipino mothers
Mothers feeling the pinch due to the TRAIN law gather in Mendiola to ask the government to make adjustments and address people's needs
Calida defends tax reform: Poor 'shielded' by gov't cash handouts
Bayan Muna Representative Carlos Zarate says Solicitor General Jose Calida's argument is 'deceptive and misleading'
Taxes on sugary drinks hurt sari-sari stores – survey
A Nielsen study shows consumers have been drinking less sugary drinks and even taking items out of their grocery baskets, as prices rose with the implementation of the tax reform law
#AskTheTaxWhiz: ITR filing deadline in April 2018 and more
The Philippine Tax Whiz answers taxpayers' key questions on the filing of annual income tax returns
[EDITORIAL] #AnimatED: Unti-unti, sinasakal na si Juan ng bagong buwis
Nang naupo si Rodrigo Duterte bilang pangulo, nasa 2% lamang ang inflation rate – ngayon, 19 buwan pa lamang ang nakalilipas, halos sagad na ito sa target ng gobyerno na 4%
Senate committee to probe new threat vs BPO sector
This comes after a Malacañang veto effectively raised the cost of doing business in the Philippines, says Senator Paolo Benigno Aquino IV
With carbon pricing, Train Law can help reduce pollution
Historically, when we burn coal or use petroleum products, we generally do not pay for the actual price of the carbon emissions brought about by these fossil fuels
#AskTheTaxWhiz: Withholding tax
The Philippine Tax Whiz answers questions about withholding tax following the implementation of the tax reform law
#AskTheTaxWhiz: The BIR's revenue target for 2018
'With income tax collections expected to drop due to the implementation of TRAIN, this year will be extra challenging for the Bureau of Internal Revenue'
