corporate tax - updates

Rappler's latest stories on corporate tax

ARTICLE FINDER

Rappler, Ressa seek outright dismissal of tax cases at CTA

Nov 13, 2019 - 2:00 PM

Rappler argues that BIR's own witnesses admit this is the first time that a holding company that issued PDRs is being categorized as a 'securities dealer'

BAIL. Maria Ressa pays P204,000 worth of bail before the Court of Tax Appeals on December 11, 2018, over 4 cases of alleged violation of the Tax Code. Photo by Rappler

DOJ denies Rappler Holdings and Maria Ressa appeal over tax charges

Jan 16, 2019 - 5:05 PM

The justice department insists it has probable cause to charge the company and Ressa

TAX CHARGES. Maria Ressa pays bail at the Court of Tax Appeals on December 11, 2018, for 4 counts of tax violations. Photo by Rappler

EXPLAINER: 'Dealer in securities' ba ang Rappler? At iba pang mga tanong

Dec 14, 2018 - 10:53 PM

Ano ang ibig sabihin ng 'dealer in securities' at bakit hindi kabilang dito ang Rappler?

Rappler to Pasig court: Tax charges ‘clear case of persecution’

Dec 06, 2018 - 5:15 PM

Maria Ressa is scheduled to be arraigned before the Pasig Regional Trial Court on Friday, December 7

PASIG CASE. Rappler CEO and Executive Editor Maria Ressa post bail for tax evasion charges at the Makati RTC on December 3, 2018. Photo by LeAnne Jazul/Rappler

NDI, Albright denounce PH government's tax case vs Rappler

Nov 21, 2018 - 3:07 PM

'Democracy cannot live without the freedom of the press. The brave work of independent media is necessary to protect the truth and defend democratic discourse,' says National Democratic Institute Chairman Madeleine Albright

Albright file photo by Rena Schild/Shutterstock.com

EXPLAINER: Hindi tax evader ang Rappler

Mar 24, 2018 - 5:49 PM

Ayon sa securities law expert at abogado ng Rappler na si Francis Lim, hindi kumita ang Rappler nang nag-issue ito ng PDRs dahil hindi naman income ang PDRs kung kaya't di taxable

Rappler lawyer cites loopholes in BIR's tax complaint

Mar 13, 2018 - 11:29 AM

Rappler's lawyer, Francis Lim, a securities law expert, says the company is not a dealer in securities and argues that capital raised from issued Philippine Depositary Receipts are not yet booked as income

LOOPHOLES. Rappler questions criminal complaint filed by BIR against its two executives for allegedly evading P133.8 million worth of taxes.Photo by Charles Salazar/Rappler

BIR files tax evasion complaint vs Rappler Holdings

Mar 08, 2018 - 12:00 PM

(UPDATED) The complaint comes only 3 days after Bureau of Internal Revenue agents went to the Rappler office to serve a letter that was scant with details

Duterte accepts Mighty Corp's P25-B tax settlement offer

Jul 24, 2017 - 8:54 PM

President Rodrigo Duterte says the money will fund rebuilding efforts in war torn Marawi and also in Ormoc City which was struck by a strong earthquake

BIR files P9.56-B tax evasion case vs Mighty Corp

Mar 22, 2017 - 12:45 PM

UPDATED The amount Mighty Corporation allegedly owes the government is thrice the P3 billion President Rodrigo Duterte had offered the cigarette company to pay as settlement

ANOTHER RAID. Customs officials inspect cigarette cartons inside a container van belonging to Mighty Corporation in Tacloban City on March 8, 2017. Photo by Jazmin Bonifacio/Rappler

#AskTheTaxWhiz: Top 10 frequently asked tax questions by startups

Nov 03, 2016 - 7:25 PM

The Tax Whiz tackles everything entrepreneurs need to know about taxes including whether taxes are due even if a company is unprofitable local business taxes and important deadlines

DOF eyes higher VAT exemption threshold as 'safety net for the poor'

Oct 26, 2016 - 9:40 PM

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

Poor to be shielded from fuel excise tax increase – DOF

Sep 05, 2016 - 7:03 PM

Socioeconomic Planning Secretary Ernesto Pernia says now is the best time to adjust fuel excise taxes when crude oil prices are low and impact on inflation is almost negligible

'BEST TIME.' NEDA chief Ernesto Pernia points out that every P1-per-liter increase in fuel prices would translate into an inflation spike of just 0.1 percent. Rappler file photo

Duterte admin keeping seniors' 20% discount, most VAT exemptions

Aug 31, 2016 - 2:45 PM

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

VAT ON SENIOR CITIZENS. The VAT exemption granted to seniors when dining in restaurants will be lifted. Photo by Mark Saludes/Rappler

Extrajudicial killings, tax reform, Prince | 12PM wRap

Aug 23, 2016 - 12:39 PM

Watch the 12PM wRap with Paterno Esmaquel

Gov't tax reform to cost P173.8B in lost revenue

Aug 22, 2016 - 8:49 PM

To offset the loss the government is planning a series of measures such as eliminating some VAT exemptions and fiscal incentives

SPENDING BREAKDOWN. (from left) Socioeconomic Planning Secretary Ernesto Pernia, Budget secretary Benjamin Diokno and Finance Secretary Carlos Dominguez III detail the particulars of the 2017 budget to members of congress at the House of Representatives on August 22. Photo by Chrisee dela Paz/Rappler

The pet bills of President Duterte

Aug 01, 2016 - 10:00 AM

Duterte did not mention in his first SONA two bills that his top allies in the 17th Congress declared they would prioritize: the reimposition of the death penalty and the lowering to 15 years the minimum age of criminal responsibility

President Rodrigo Duterte delivers his State of the Nation Address, as Senate President Aquilino Pimentel III and House Speaker Pantaleon Alvarez listen. Photo by Francis R. Malasig/EPA

SONA 2016: Lawmakers happy Duterte supports their bills

Jul 25, 2016 - 9:34 PM

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

1ST SONA. President Rodrigo Duterte gestures while delivering his first State of the Nation Address on July 25. PHoto by Francis R. Malasig/EPA

SONA 2016: Duterte vows to cut income, corporate taxes

Jul 25, 2016 - 6:15 PM

At the household level there must be sufficient income for all Filipinos to meet the basic food and non food needs for their families says Duterte

Dominguez bares tax reform plans to businessmen

Jun 21, 2016 - 2:30 PM

The reforms which include lowering both income tax and corporate tax follow suggestions from outgoing Finance Secretary Purisima

Former agriculture secretary Carlos "Sonny" Dominguez during a press conference in Davao City. Photo by Manman Dejeto/Rappler

IMF chief urges transparency to stop corporate tax avoidance

Apr 18, 2016 - 6:15 PM

Christine Lagarde says developing countries who rely the most on corporate income tax lose out to multinational firms

epa05264648 A handout photograph made available by the International Monetary Fund (IMF) showing International Monetary Fund Managing Director Christine Lagarde participates in the Fiscal Forum 2016 seminar at the IMF/World Bank Spring Meetings at the IMF Headquarters in Washington, DC, USA, 17 April 2016 The Spring meetings of the IMF and the World Bank Group take place in Washington, DC, between 15-17 April 2016. EPA/STEPHEN JAFFE / IMF / HANDOUT HANDOUT EDITORIAL USE ONLY/NO SALES

Malampaya contractor seeks DOE guidance over COA ruling

May 08, 2015 - 5:23 PM

Shell Philippines Exploration B V says it will consult with the energy department and co contractor Chevron after the state auditors order them to pay P53 14B in taxes

OECD vows to 'change the game' with new tax rules

Sep 17, 2014 - 1:23 AM

Using the basic principle that tax should be paid in the country where it is generated the proposals intend to prevent corporate tax avoidance by multi national companies