This is to help achieve the BIR's tax collection target of P1.152 trillion from the country's largest taxpayers this year
Despite the President's announcement of an end of negotiations, my bet is that it will continue
(UPDATED) Finance Minister Jaitley: 'I propose to reduce existing rate for income... to 5% from 10%'
Deputy Speaker Miro Quimbo says taxation, just like the war on drugs, is an issue of corruption that the government is capable of addressing
A House bill seeks to give tax exemptions and deductions for individuals and corporations who give donations, grants, and more to Filipino Olympic medalists
US President-elect Donald Trump vows to move aggressively on a conservative agenda, but also sought to reassure worried Americans they have nothing to fear from his presidency
(UPDATED) The main rate of the Goods and Services Tax (GST) is still a topic for debate, but business leaders are optimistic it will boost India's economy
(UPDATED) Some lawmakers have filed bills on tax reform, passport validity, and universal health care even before President Rodrigo Duterte mentions them in his SONA
The Organization for Economic Cooperation and Development says there is an urgent need for governments to ramp up spending
Incumbent Mayor Oscar Moreno, former city mayor Vicente Emano, and lawmaker Rufus Rodriguez trade barbs over how they would run the city if they win the elections
Reforming the Bureau of Internal Revenue and overhauling the 19-year-old tax system is a challenge for the next administration, says tax reform advocate Mon Abrea
While two presidential candidates promise outright tax exemptions, economists say a comprehensive overhaul is more sustainable and feasible
Two candidates have made outright promises to exempt low-income earners from paying income taxes, while the rest say they're open to reviewing the tax code
Senatorial candidate Greco Belgica says that if taxes are lowered, then people will have more money and will no longer need free services from government
This is despite the hospital's argument that, if the facility is seized by the Quezon City government, 'the operations of the hospital might be left to untrained hands'
The news comes as the British government unleashes a storm of criticism for accepting too little tax from Google, and as Italy demands hundreds of millions in euros in back taxes from US-based Internet giant
(UPDATED) President Benigno Aquino III says the proposal to raise VAT in exchange for lowering income tax levels will not benefit the majority
The extension only applies to the electronic filing but the deadline for manual filing remains April 15, says Kim Henares
The marginal personal income tax rate for those earning above SG$320,000 ($256,000) a year will rise to 22% next year from the current 20%
Creating the fiscal space for productive and countercyclical spending can help developing countries in the Asia Pacific region move towards implementing the G20 global growth compact adopted last year
If the middle class feels the heavy weight of taxation, does the evidence bear this out?
In general, late filers pay 25% of tax due, plus 20% interest per annum and a compromise penalty
A list of employed and self-employed individuals who do not have to brave long lines on April 15 to submit ITRs
The government's reminder comes a few days before the April 15 deadline of the filing of income tax returns
April 15, which falls on Holy Tuesday, is the deadline for filing of income tax returns for professionals and other self-employed individuals
Did you just resign from your job to start your own business or do freelance work? Here are things you need when filing and paying your own taxes
BIR mandates the following requirements and procedures for self-employed individuals and professionals who are yet to register for tax filing
Examine your conscience to diagnose what really touched a nerve. Refresh your memory on the Hippocratic oath as often as needed.
Around 36.9% of registered taxpayer doctors in Cebu and Davao declared less income tax dues than that of a public school teacher
The measures proposed involve countries obtaining information from their financial institutions and exchanging the details automatically with other jurisdictions on an annual basis
Swiss banks have until the end of the year to decide whether to 'fess up to potential wrong-doing and hand over their files to US authorities, or take their chances outside the program.
Tony Abbott moves to abolish a carbon tax designed to combat climate change
The tax bureau files charges against an infant clothes retailer, an engineering firm, a transportation company and a realty firm for non-payment of correct taxes
Big hopes of action on immigration, the economy and taxation are fading, meaning Obama's second term may be more about cementing gains of his first four years than adding to his legacy
(UPDATED) After bitter New Year brinksmanship, the US Congress finally backed a deal to avert a "fiscal cliff" of tax hikes and massive spending cuts that had threatened to unleash economic calamity
Leaders in deeply polarized Washington groped Sunday, December 30, for a stop-gap deal to avert a fiscal calamity due to strike in a matter of hours and with potential to shock markets and spark global economic turmoil
US President Barack Obama warned Republicans Tuesday, December 4, there would be no deal on averting a potentially disastrous fiscal crisis without them caving in to his demand to raise tax rates on the rich
We don’t need a code to decipher why many of our congressmen and senators are on the side of the tobacco companies
DBM Secretary Florencio Abad said the administration is confident it has the “numbers in Congress” to get the measures passed