Speaker Pantaleon Alvarez agrees to retain the VAT exemptions for cooperatives in the proposed tax reform package at the request of party-list representatives
House committee on cooperative development chairperson Rico Geron says he will oppose the tax reform package if it will include the removal of the VAT exemptions for cooperatives
The Philippine Tax Whiz shares what the public must know about the Tax Reform for Acceleration and Inclusion (TRAIN) bill
Not only do our taxes disproportionately burden the poor and benefit the rich, but they also yield too little revenue given the distortions they create. Needless to say, both problems need to be resolved soon.
The Department of Finance also defends measures criticized as 'anti-poor' – the proposed higher fuel excise tax and the planned removal of certain VAT exemptions
But the VAT exemption granted to senior citizens when dining in restaurants will be lifted, says the DOF, 'because such discounts are usually availed of by affluent senior citizens'
(UPDATED) President Benigno Aquino III signs the Customs Modernization and Tariff Act which is expected to reduce corruption in the Bureau of Customs, as well as technical smuggling in the country
The act will modernize and digitize procedures, raise tax exemptions on balikbayan boxes, and raise penalties for smuggling
10 more are quarantined for MERS symptoms. Ex-police chief Purisima moves out of Crame. Egypt frees Al Jazeera journalists
Rappler talks to Marikina City Representative Miro Quimbo on tax exemptions and its pros and cons
Homeowners associations are now required to pay value-added tax
Starting January 13, the Comelec gun ban will exempt more groups than in 2010 to avoid requests for 'special' exemptions
AMLC chief Vicente Aquino says he wants a stronger law with more exemptions