reforms
ARTICLE FINDER

#AskTheTaxWhiz: Withholding tax

Feb 22, 2018 - 8:00 PM

The Philippine Tax Whiz answers questions about withholding tax following the implementation of the tax reform law

Clooneys donate $500,000 to student gun reform march

Feb 21, 2018 - 10:05 AM

'In the name of our children Ella and Alexander, we're donating $500,000 to help pay for this groundbreaking event. Our children's lives depend on it,' says George Clooney

LOS ANGELES, CA - OCTOBER 22: Executive producer George Clooney (R) and his wife Amal Clooney arrive at the premiere of Paramount Pictures' "Suburbicon" at the Village Theatre on October 22, 2017 in Los Angeles, California. Kevin Winter/Getty Images/AFP

Coca Cola FEMSA refutes it was busting workers' union

Feb 19, 2018 - 8:18 PM

'This restructuring has been a very difficult decision. We have the utmost respect for our employees and we have strived for fairness in executing every facet of our reorganization,' says Coca-Cola FEMSA statement

Coca Cola FEMSA workers: 'Union busting real reason for lay-off'

Feb 16, 2018 - 5:20 PM

Alfredo Marañon, national leader for Federation and Cooperation of Cola, Beverage, and Allied Industry Unions, says that the reason for the lay-off was not discussed properly with union leaders

RETRENCHED. Worker of Coca-Cola Philippines held a press conference on the retrenchment of about 600 employees due to a "change" in business model. Photo courtesy of SENTRO

DILG opens federalism campaign office

Feb 15, 2018 - 6:15 PM

The Center for Federalism and Constitutional Reform, headed by Assistant Secretary Jonathan Malaya, hopes to put a system to the government's information campaign at the village level

CAMPAIGN CHIEF. Assistant Secretary Jonathan Malaya speaks to reporters during the barangay elections briefing at the DILG headquarters, Quezon City. Photo by Darren Langit/Rappler

#AskTheTaxWhiz: The BIR's revenue target for 2018

Feb 13, 2018 - 9:00 AM

'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'

BSP maintains interest rates, raises inflation forecast for 2018, 2019

Feb 08, 2018 - 8:35 PM

The Bangko Sentral ng Pilipinas sees inflation hitting 4.3% in 2018, and 3.5% in 2019

[OPINION] Triple whammy: Why are prices rising so fast?

Feb 07, 2018 - 6:05 PM

We haven’t yet seen the full effects of TRAIN’s new taxes. Instead, what we saw in January was likely a combination of profiteering, higher world oil prices, and the peso’s depreciation

Inflation hits 3-year high of 4% in January

Feb 06, 2018 - 2:50 PM

The government attributes the increase partly to the tax reform law, which took effect in January

DOE: No need to raise PUV fares despite higher fuel tax

Feb 03, 2018 - 11:02 PM

Energy Assistant Secretary Leonido Pulido III says that 'based on the increase in the existing tax law, there should be no immediate need to raise PUV fares'

Is there a need to change the 1987 Philippine Constitution?

Feb 02, 2018 - 3:30 PM

While the Constitution is not perfect, many argue now is not the time to change it

HIGHEST LAW. The administration of President Rodrigo Duterte is attempting to change the Constitution to make way for Federalism. Photo by Rappler

Tax calculator: Compute your new income tax

Feb 02, 2018 - 9:00 AM

Here's a step-by-step guide to compute for your new income tax under the tax reform law

INCREASE. Majority of taxpayers can expect higher take-home pay starting in January 2018.

Successful transitions: What should millennials know to adjust to the TRAIN?

Feb 01, 2018 - 9:00 AM

Knowledge is key to coming out on top

#AskTheTaxWhiz: Beauty comes with a price, plus tax

Jan 28, 2018 - 8:00 PM

The Philippine Tax Whiz answers questions on the new excise tax on cosmetic surgery

Cagayan Valley PUVs charge higher fares

Jan 27, 2018 - 10:25 PM

A poster at the Aparri van terminal notifies commuters that starting January 26, van operators will start charging P204, or more than double the current fare of P100 for a trip to Tuguegarao City

FARE HIKE. Public van users in Aparri are informed about the impending fare hike in the town. Photo courtesy of Alona Diciano

Uber Philippines seeks fare hike, citing tax reform law

Jan 25, 2018 - 3:15 PM

(UPDATED) From the current P5.70 fare per kilometer for UberX, the ride-hailing service firm proposes to increase it to P9 to P12, depending on the time of the day

FARE HIKE PETITION. Under the petition, proposed fare per kilometer for UberX will increase to P9-P12, depending on the time of the day, from the current P5.70

DOF bolsters new tax academy with scholarships

Jan 25, 2018 - 1:54 PM

The scholarships are for employees – to train the next generation of public finance managers – while the DOF supports a JICA program open to those in the private sector

DENR prepares charges vs hikers responsible for Mount Pulag fire

Jan 24, 2018 - 3:55 PM

'The DENR recognizes the impact the fire had on the national park and we will pursue all legal avenues to bring those responsible to account,' says Environment Secretary Roy Cimatu

SC orders government to answer petition vs tax reform law

Jan 23, 2018 - 3:14 PM

(UPDATED) The House Makabayan bloc says the law is invalid because the ratification that occurred at the Lower House violated rules

Ilocos Norte Governor Imee Marcos led supporters gather infront of the Supreme Court on October 17, 2016 for a mass and to call for the immediate burial of former President Marcos at the Libingan ng mga Bayani.

#AskTheTaxWhiz: Top 10 questions about the tax reform law

Jan 17, 2018 - 4:40 PM

The Philippine Tax Whiz explains what the Tax Reform for Acceleration and Inclusion (TRAIN) law is all about

No budget for teachers' salary hike in 2018 – Diokno

Jan 17, 2018 - 1:54 PM

'We cannot unilaterally change the budget because the Congress has the power of the purse...We cannot spend what Congress has not approved,' says Budget Secretary Benjamin Diokno

TOO COSTLY. Budget Secretary Benjamin Diokno said doubling the salaries of public school teachers is too costly for the government. Photo by Aika Rey/Rappler

What you need to know about Charter Change

Jan 16, 2018 - 11:01 AM

The public should closely monitor the process of changing the 1987 Philippine Constitution to avoid abuses, say constitutional law experts

Poor families to get P200 tax reform subsidy starting January

Jan 15, 2018 - 1:25 PM

A total of 10 million families would benefit from the Unconditional Cash Transfer (UCT) scheme, says the Department of Social Welfare and Development

INFORMAL SECTOR. The tax reform initiative will hit vendors and small-scare independent traders the hardest. Photo by Martin San Diego/Rappler

#ThewRap: Things you need to know, January 15, 2018

Jan 15, 2018 - 10:39 AM

Hello! Here are the stories you shouldn't miss this Monday.

Prices of McDonald's drinks could go up due to tax reform

Jan 15, 2018 - 12:50 AM

The exclusive franchise holder of McDonald's in the Philippines says it is thinking of ways to balance the impact of the newly-enacted tax on sugar-sweetened beverages

HIKE IN SODA? Golden Arches Development Corporation is thinking of ways to balance the impact of the newly-enacted tax on sugar-sweetened beverages on its business and its customers. Photo from McDonald's Philippines website

Tax reform law seen to put brakes on PH's auto sales growth in 2018

Jan 12, 2018 - 7:30 AM

With most mass market vehicles costing more because of the tax reform law, the Chamber of Automotive Manufacturers of the Philippines Incorporated (CAMPI) projects flat growth in sales this 2018

Petition vs tax reform law, Malacanang on comfort woman statue, Trump on NoKor talks | Evening wRap

Jan 11, 2018 - 8:20 PM

Watch the evening newscast with Marguerite de Leon

'Beggars can't be choosers': Netizens assess P200 monthly grant to poor families

Jan 11, 2018 - 5:41 PM

While some netizens find P200 too meager, others say the poor have no right to complain

ACT Teachers group calls Diokno 'teacher's enemy #1'

Jan 11, 2018 - 3:02 PM

ACT Teachers Representative Castro says Budget Secretary Diokno 'consistently opposed proposals for the increase of benefits and salaries of teachers'

BUDGET ISSUES. ACT Teachers partylist hits the budget secretary for statements over a proposed salary hike. Photo courtesy of ACT Teachers

Calida mocks petitioners vs tax reform law: 'Is that all you have?'

Jan 11, 2018 - 2:39 PM

'Why am I not surprised at your blatant disrespect for basic democratic principles, Mr Solicitor General?' says ACT Teachers Representative Antonio Tinio, one of the petitioners

Members of the Makabayan Bloc file a petition to derail the implementation of the the Tax Reform for Acceleration and Inclusion (TRAIN) Law before the Supreme Court in Manila on January 11, 2018. Photo by Ben Nabong/Rappler.

Makabayan bloc asks SC to strike down tax reform law

Jan 11, 2018 - 11:10 AM

(UPDATED) Leftist lawmakers argue that the House had no quorum and did not call a vote when it ratified the joint bicameral conference report on the Train bill

Members of the Makabayan Bloc file a petition to derail the implementation of the the Tax Reform for Acceleration and Inclusion (TRAIN) Law before the Supreme Court in Manila on January 11, 2018. Photo by Ben Nabong/Rappler.

DOE to gas stations: Don't take advantage of tax reform law

Jan 10, 2018 - 8:10 PM

Energy Secretary Alfonso Cusi warns that the government would cancel the certificate of compliance (COC) of violators

HIGHER PRICES. A man holding a petrol pump nozzle at one of Shell's gasoline filling stations. Photo from AFP

Poorest families to get P200 monthly to offset effect of new taxes

Jan 10, 2018 - 6:02 PM

'This is in response to critics who say that Train is anti-poor because the informal sector and already tax-exempt wage earners will be faced with higher excise taxes,' says Budget Secretary Benjamin Diokno

BRIEFING. Budget Secretary Benjamin Diokno held a press conference on January 10, 2017. Photo from DBM

[OPINION] Without enough transfers, tax reform law will hurt the poor

Jan 10, 2018 - 5:29 PM

'All in all, the first package of TRAIN was an opportunity to correct many problems that have long ailed our tax system. While a step in the right direction, many of TRAIN’s well-meaning provisions got watered down by politicians.'

Duterte on corruption, Teachers’ salary hike, Princess Charlotte nursery photos | Evening wRap

Jan 09, 2018 - 7:29 PM

Watch the evening newscast with Acor Arceo

ING Bank expects another 1% rise in 2018 inflation amid tax reform

Jan 09, 2018 - 7:00 PM

The movement of prices of basic goods and services in the Philippines is seen to move faster this year than last year, due to the newly-implemented tax reform package

PRICES OF GOODS. Philippine inflation remains steady at 3.3% in December last year, similar with that of November 2017. Stock photo

Higher electricity bills likely starting February due to tax reform

Jan 09, 2018 - 5:35 PM

Meralco, the country's largest power distributor, estimates an additional charge of 8 centavos per kilowatt hour (kWh)

No fare hike due to new taxes until March – LTFRB

Jan 09, 2018 - 5:20 PM

The Land Transportation Franchising and Regulatory Board says it will consult with the National Economic and Development Authority on a 'justifiable' fare increase

Duterte wants 2nd tax reform package to fund teachers' salary hike

Jan 09, 2018 - 12:57 PM

Malacañang bares President Rodrigo Duterte's plan amid criticism that the first tax reform package is anti-poor

President Rodrigo Roa Duterte shares a light moment with the members of his cabinet before presiding over the 21st Cabinet Meeting at the Malacañan Palace on January 8, 2018. Also in the photo are Executive Secretary Salvador Medialdea and Finance Secretary Carlos Dominguez III. SIMEON CELI JR./PRESIDENTIAL PHOTO

EXPLAINER: How the tax reform law affects Filipino consumers

Jan 09, 2018 - 9:00 AM

Payroll managers start adjusting their systems to reflect the new withholding tax rates. Supermarkets, oil retailers, convenience stores, and even sidewalk vendors begin updating their price lists.

HIKE IN SRPs.The retail price of one-liter bottle of Coca Cola, for instance, is projected to increase to P43 per bottle from the current P31 per liter, in light of the TRAIN law. Photo by Chrisee Dela Paz/Rappler

[EDITORIAL] #AnimatED: Sasagasaan ng TRAIN ang mahirap

Jan 08, 2018 - 9:00 AM

Maglalaho ang mga ngiti sa ating mga labi kapag nilimas ng price increases ang nadagdag sa paycheck

#ThewRap: Videos you need to watch this week, January 1-7, 2018

Jan 07, 2018 - 1:17 PM

Must-watch videos from this week

Malacanang on foreign trips, Grab fare increase, Trump slams book | Evening wRap

Jan 05, 2018 - 8:33 PM

Watch the evening newscast with Chay Hofileña

Teachers’ take-home pay to increase due to tax reform – DepEd

Jan 05, 2018 - 5:55 PM

The education department doesn't take into account how the teachers have to spend more on products made pricier by the same tax reform law

HIGHER SALARY, PRICIER GOODS. A teacher conducts a lesson to elementary students in Marikina City on September 27, 2017. Photo by LeAnne Jazul/Rappler

Dengvaxia sale suspended, Marina chief fired, Trump slams Bannon | Evening wRap

Jan 04, 2018 - 7:50 PM

Watch the evening newscast with Marguerite de Leon

[OPINION] Train law: What does it change?

Jan 04, 2018 - 6:23 PM

As a tax lawyer, I noticed that there are a lot of news reports on the changes. But actually, there are much more significant changes under the Train law which are not being reported.

Honda Philippines raises prices for most cars due to tax reform law

Jan 04, 2018 - 2:50 PM

Prices go up for models below premium levels, while rates for more expensive vehicles are either maintained or even slightly lowered

Transport groups demand P6 per liter fuel discount

Jan 04, 2018 - 1:50 PM

Piston says public utility vehicles should get the discount to counter the effects of the tax reform law

JEEP. A jeep carrying goods and passengers speeds through one of the highways in Coron, Palawan in December 2013. Photo by Pat Nabong/Rappler

Labor union eyes wage hike petition amid TRAIN effects on prices

Jan 04, 2018 - 1:25 PM

The Associated Labor Unions-Trade Union Congress of the Philippines says it would seek a nationwide wage increase if the tax reform law triggers 'exorbitant' inflation

INFLATION. A labor union is eyeing to file a petition for a nationwide wage increase should prices of goods become 'exorbitant' because of the tax reform initiative. File photo

Existing stocks of sweetened drinks exempt from new tax rates – DTI

Jan 03, 2018 - 9:00 PM

The Department of Trade and Industry also eyes freezing prices of sugar-sweetened beverages until the middle of January

NEW TAX CODE. New excise tax rates should not impact sweetened beverage being sold at grocery stores and fuel at filling stations for two to 3 weeks as they still carry inventories of old costing, DTI says. Photo from AFP