The Philippine Tax Whiz answers questions about withholding tax following the implementation of the tax reform law
'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
'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
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
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
'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'
The Bangko Sentral ng Pilipinas sees inflation hitting 4.3% in 2018, and 3.5% in 2019
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
The government attributes the increase partly to the tax reform law, which took effect in January
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'
While the Constitution is not perfect, many argue now is not the time to change it
Here's a step-by-step guide to compute for your new income tax under the tax reform law
Knowledge is key to coming out on top
The Philippine Tax Whiz answers questions on the new excise tax on cosmetic surgery
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
(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
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
'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
(UPDATED) The House Makabayan bloc says the law is invalid because the ratification that occurred at the Lower House violated rules
The Philippine Tax Whiz explains what the Tax Reform for Acceleration and Inclusion (TRAIN) law is all about
'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
The public should closely monitor the process of changing the 1987 Philippine Constitution to avoid abuses, say constitutional law experts
A total of 10 million families would benefit from the Unconditional Cash Transfer (UCT) scheme, says the Department of Social Welfare and Development
Hello! Here are the stories you shouldn't miss this Monday.
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
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
Watch the evening newscast with Marguerite de Leon
While some netizens find P200 too meager, others say the poor have no right to complain
ACT Teachers Representative Castro says Budget Secretary Diokno 'consistently opposed proposals for the increase of benefits and salaries of teachers'
'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
(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
Energy Secretary Alfonso Cusi warns that the government would cancel the certificate of compliance (COC) of violators
'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
'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.'
Watch the evening newscast with Acor Arceo
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
Meralco, the country's largest power distributor, estimates an additional charge of 8 centavos per kilowatt hour (kWh)
The Land Transportation Franchising and Regulatory Board says it will consult with the National Economic and Development Authority on a 'justifiable' fare increase
Malacañang bares President Rodrigo Duterte's plan amid criticism that the first tax reform package is anti-poor
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.
Maglalaho ang mga ngiti sa ating mga labi kapag nilimas ng price increases ang nadagdag sa paycheck
Watch the evening newscast with Chay Hofileña
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
Watch the evening newscast with Marguerite de Leon
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.
Prices go up for models below premium levels, while rates for more expensive vehicles are either maintained or even slightly lowered
Piston says public utility vehicles should get the discount to counter the effects of the tax reform law
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
The Department of Trade and Industry also eyes freezing prices of sugar-sweetened beverages until the middle of January