tax incentives - updates

Rappler's latest stories on tax incentives


Roxas suggests adding tax incentives for BPO companies to train workers

Apr 12, 2019 - 2:40 PM

Incentives will help the BPO industry keep up with present-day challenges, including artificial intelligence, machine learning, and big data, says the senatorial candidate

BPO PROSPECTS. Senatorial candidate Mar Roxas talks to BPO workers in a forum in Quezon City on April 11, 2019. Photo by Mara Cepeda/Rappler

The pitfalls of Special Economic Zones

Nov 10, 2016 - 4:35 PM

While SEZs generate foreign investment and employment they also deprive farmers of their land and distort the economy

#AskTheTaxWhiz: Is there tax on prizes for our sports heroes?

Aug 22, 2016 - 6:30 PM

A reader asks if sporting icons like Manny Pacquiao and Hidilyn Diaz get tax exemptions and if winners of local tournaments need to pay tax on their prizes

#AskTheTaxWhiz: Checklist when filing income tax returns

Apr 09, 2016 - 1:38 PM

A former BIR examiner lists down requirements when filing income tax returns by April 15

DEADLINE WORRIES. With about a week left before the deadline of filing income tax returns, Mon Abrea answers some tax concerns. Illustration by Mara Mercado/Rappler

IMF urges innovation to battle global growth slowdown

Apr 01, 2016 - 6:15 AM

The International Monetary Fund says businesses in advanced economies should invest 40 more in research and development on average

epa05161713 A Chinese investor uses mobile phone to check the share prices at a securities brokerage house in Beijing, China, 15 February 2016. Chinese stock market opened lower on 15 February which is the first trading day after Chinese Spring Festival holidays that the benchmark Shanghai Composite Index down 2.84 percent at 2,684.96 points and the Shenzhen index opened 2.98 percent lower at 9,385.52 points. EPA/WU HONG

#AskTheTaxWhiz: Filing income tax returns

Jan 02, 2016 - 11:45 AM

A former BIR examiner explains the filing of income tax returns – from paying hefty penalties to starting new businesses

#AskTheTaxWhiz: Tax incentives for ‘quality’ movies and Miss Universe?

Dec 29, 2015 - 4:30 PM

Do films like ‘Honor thy Father’ get tax breaks? What can newly crowned Miss Universe Pia Wurtzbach expect to pay in local taxes?

Tax Incentives and Management Act now a law

Dec 10, 2015 - 8:44 AM

UPDATED The law aims to monitor and evaluate tax incentives granted by government to the private sector

President Benigno S. Aquino III delivers his speech during the Integrity Summit 2015 held at the Rizal ballroom Shangrila Hotel in Makati City. (Wednesday Dec. 9, 2015). The Integrity Summit aims to recognize the private sector’s effort and commitment to develop a culture of integrity alongside the creation of strategic integrity alliances across all sectors,Themed "Investing in Integrity," the event enjoins all sectors to heed the urgent call to go beyond fighting corruption towards building systems for integrity and multi-sector circles of integrity. (Photo By Lauro Montellano Jr. /Malacañang Photo Bureau)

Senate passes Tax Incentives Management and Transparency Act

Jun 08, 2015 - 7:21 PM

The bill aims to monitor and evaluate tax incentives granted to private sector

Business groups support Tax Incentives Act

May 31, 2015 - 8:58 PM

While praising the objective of the bill the coalition totaling more than 35 000 firms also suggests amendments

House proposes reimbursement for ILP participants

Nov 16, 2014 - 3:04 PM

Are you an interruptible load program ILP participant? Congress is proposing government to shoulder your self generation costs

ILP PERKS. The House Committee on Energy proposes government to reimburse establishments their costs incurred in generating their own energy.

BIR continues to miss target in April

May 16, 2014 - 4:52 PM

Despite its continued failure to meet its collection goal so far this year the BIR remains confident of hitting its full year target of P1 456 trillion

BIR building

Senator wants tax incentives for first-home buyers

Apr 04, 2014 - 11:26 AM

Senator Juan Edgardo Sonny Angara believes that the government should help Filipinos attain their dream of owning their first home

Gov't losses from tax breaks: P144B or 1.5% of GDP

Mar 26, 2014 - 5:19 PM

The Finance department pushes for measures that will streamline tax incentives in the country

FOREGONE REVENUES. The Finance department pushes for the rationalization of tax incentives given over P140B losses from tax breaks. Photo from AFP

Drilon: Laws to address clamor for Charter change

Jul 18, 2013 - 7:11 PM

Sen Franklin Drilon says laws will address the clamor for economic reforms and inclusive growth

'DIVERTING ATTENTION.' Incoming Senate President Franklin Drilon said instead of "diverting attention" through charter change, the administration will push for economic reforms through passing laws.

Ford says goodbye Philippines, hello Thailand

Feb 08, 2012 - 10:32 AM

Amid diminishing government support the country s only auto exporter is moving operations for two of its models to Thailand

Ford says goodbye to the Philippines