taxes
ARTICLE FINDER

COA defies 3 admins: Contractors should pay P146B Malampaya tax

May 16, 2018 - 4:32 PM

Shell, Chevron and Philippine National Oil Company-Exploration Corporation (PNOC-EC), or collectively known as the Malampaya Consortium, were allowed not to pay P146.7 billion in income taxes by Presidents Arroyo, Aquino and Duterte

RUNNING OUT. Gas from the Malampaya project is expected to run out in a decade prompting firms to contemplate alternative sources. File photo from Sembcorp Marine website

The burden of TRAIN law on Filipino mothers

May 13, 2018 - 11:37 PM

Mothers feeling the pinch due to the TRAIN law gather in Mendiola to ask the government to make adjustments and address people's needs

A Filipino mother masked with a crying face poses like a balancing weighing scale, during the small protest held on Thursday, May 10 at Mendiola, Manila, to appeal to the government to review the TRAIN law. Photo by Eloisa Lopez/Rappler

Army nabs 4 alleged communist rebels in Masbate

May 13, 2018 - 9:52 AM

Clashes erupt in Barangay Talisay in San Fernando town while the troops are on patrol for the barangay and Sangguniang Kabataan elections 2018

Flying to BIMP-EAGA? Travel tax waived for certain travelers

May 10, 2018 - 6:30 PM

BIMP-EAGA includes Brunei, Indonesia, and Malaysia, and the travel tax exemption aims to 'accelerate economic development in Mindanao and Palawan'

DUTERTE'S ORDER. President Rodrigo Duterte orders the travel tax exemption of Mindanao and Palawan travelers flying to BIMP-EAGA. Malacañang file photo

Tulfo brothers to return P60M, Robredo backs Sereno, Mayweather to visit Manila | Evening wRap

May 07, 2018 - 10:17 PM

Watch Rappler's evening newscast with Acor Arceo

Rappler hits BIR for 'selective justice' in tax evasion case

May 07, 2018 - 11:12 AM

(UPDATED) Rappler Holdings Corporation and Rappler CEO Maria Ressa file a joint counter-affidavit at the DOJ in relation to the P133-million tax evasion complaint filed by the BIR

TAX CASE. Rappler CEO Maria Ressa appears at the Department of Justice on May 7, 2018, to file her counter-affidavit in a tax evasion case. Photo by LeAnne Jazul/Rappler

Tax reform law delays Pampanga school building projects – COA

May 06, 2018 - 5:50 PM

The Commission on Audit notes that 21 out of 25 proposed school building projects in 2017 are delayed after being sent back for cost adjustment

League of Barangays on PDEA, Calida on tax reform law, China on Peppa Pig | Midday wRap

May 02, 2018 - 12:38 PM

Watch Rappler's midday newscast with Mara Cepeda

Calida defends tax reform: Poor 'shielded' by gov't cash handouts

May 01, 2018 - 5:21 PM

Bayan Muna Representative Carlos Zarate says Solicitor General Jose Calida's argument is 'deceptive and misleading'

FUEL TAX. Solicitor General Jose Calida says higher taxes on fuel only has a 0.1% maximum effect on transporation rates. File photo by Ben Nabong/Rappler

Rappler's Maria Ressa to appear at DOJ May 7 on tax case

Apr 24, 2018 - 9:01 PM

Rappler CEO Maria Ressa is represented by her lawyers at the justice department in response to a subpoena over the tax evasion complaint filed by the BIR

RAPPLER CASES. Rappler CEO Maria Ressa grants an interview with reporters on April 24, 2018, after appearing at the Department of Justice in relation to a separate cyber libel complaint. hoto by LeAnne Jazul/Rappler

#ThewRap: Things you need to know, April 20, 2018

Apr 20, 2018 - 11:30 AM

Here are the stories you shouldn't miss this Friday

NIGHT NO MORE. PNP bans Oplan Tokhang from being conducted at night. File photo by LeAnne Jazul/Rappler

Philippine inflation rate averages 3.8% for Q1 2018

Apr 20, 2018 - 10:40 AM

(3rd UPDATE) Inflation hits its highest quarterly average since 2014 as the tax reform law, higher oil prices, a weaker peso, and the tightening of US monetary policy take their toll

Taxes on sugary drinks hurt sari-sari stores – survey

Apr 19, 2018 - 4:40 PM

A Nielsen study shows consumers have been drinking less sugary drinks and even taking items out of their grocery baskets, as prices rose with the implementation of the tax reform law

PRICE HIKES.The retail price of a one-liter bottle of Coca-Cola, for instance, is projected to increase to P43 from the current P31, due to the tax reform law. Photo by Chrisee Dela Paz/Rappler

TIMELINE: Tracing BIR's tax complaint against Rappler Holdings

Apr 17, 2018 - 6:50 PM

Here's a timeline of events surrounding the Bureau of Internal Revenue's tax evasion complaint against Rappler

HASTENED? In just 3 days after BIR asked Rappler for tax documents, BIR announced via a press release that it filed a tax evasion complaint against Rappler Holdings. Photo by Charles Salazar/Rappler

DOJ on Rappler, Evasco on Aquino, Reuters team wins Pulitzer | Midday wRap

Apr 17, 2018 - 1:39 PM

Watch Rappler's midday newscast with Marguerite de Leon

DOJ summons Maria Ressa over Rappler tax evasion case

Apr 17, 2018 - 10:46 AM

(UPDATED) The subpoena directs Rappler president Maria Ressa and treasurer James Bitanga to submit their counter-affidavit as the BIR accuses them of tax evasion – a claim they contest

SUMMONED BY BIR. The Bureau of Internal Revenue (BIR) summons Rappler CEO Maria Ressa over the tax evasion complaint filed against Rappler Holdings Corporation. File photo by Noel Celis/AFP

Dissecting TRAIN’s impact on our incomes

Apr 06, 2018 - 3:31 PM

In the mad rush to get the tax reform law going, government may have inadvertently trampled on and railroaded the poor

Taxes key in war on 'lifestyle' disease – health experts

Apr 05, 2018 - 2:01 PM

In half-a-dozen studies in The Lancet, experts detail the link between poverty and non-communicable diseases and make the case for consumer taxes opposed by industry and many politicians

Duterte orders ‘last chance’ for peace talks with Reds

Apr 04, 2018 - 8:21 PM

Chief peace adviser Jesus Dureza says the government is committed to provide support for the rebels if they stop collecting revolutionary taxes

LAST CHANCE. President Rodrigo Duterte wants to resume talks with communist rebels. Malacañang Photo

#AskTheTaxWhiz: ITR filing deadline in April 2018 and more

Apr 04, 2018 - 4:55 PM

The Philippine Tax Whiz answers taxpayers' key questions on the filing of annual income tax returns

Tax court acquits Mikey Arroyo in P27-M tax evasion case

Mar 28, 2018 - 4:57 PM

The Court of Tax Appeals says the Bureau of Internal Revenue had 'mere speculations and probabilities' which 'cannot substitute for the required proof to establish the guilt of an accused beyond reasonable doubt'

ACQUITTED. The Court of Tax Appeals acquits former Pampanga 2nd District Representative Juan Miguel 'Mikey' Arroyo.

EXPLAINER: Tax evader ba ang Rappler? Hindi

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

Cayetano meets Wang, BDO on Osmeña, Zuckerberg on Cambridge Analytica | Midday wRap

Mar 22, 2018 - 12:05 PM

Watch the midday newscast with Mara Cepeda

BDO defends request to DOJ over tax cases in Cebu

Mar 21, 2018 - 9:25 PM

BDO Unibank, owned by the Philippines' richest man Henry Sy Sr, argues it has a legal right to request that the Department of Justice designate an acting prosecutor

IN QUESTION. BDO has one of the largest distribution networks, with more than 1,000 operating branches and over 3,000 ATMs nationwide. Photo from Wikipedia

EU unveils digital tax targeting Facebook, Google

Mar 21, 2018 - 8:59 PM

The special tax is the latest measure by the 28-nation European Union to rein in Silicon Valley giants and could further embitter the bad-tempered trade row pitting the EU against US President Donald Trump

Cebu Mayor Osmeña threatens disbarment case vs Aguirre

Mar 21, 2018 - 11:59 AM

(UPDATED) This is over BDO Unibank tax cases. But Justice Secretary Aguirre threatens a countersuit, saying the Cebu mayor has no evidence he accepted money from anyone.

BDO CASE. Justice Secretary Vitaliano Aguirre II finds a foe in Cebu City Mayor Tommy Osmeña over the tax cases that against Banco De Oro (BDO).

House summons Imee Marcos, Ilocos Norte officials to another probe

Mar 20, 2018 - 7:48 AM

This isn't the first time that the Ilocos Norte governor and former House member is summoned to a probe by the House committee on good government and public accountability

SUMMONED AGAIN. Ilocos Norte Governor Imee Marcos during House probe into the utilization of the tobacco excise tax and determination of the tangible benefits acquired by tobacco farmers of Ilocos Norte on Wednesday, February 28, 2018. File photo by Darren Langit/Rappler

Customs assigns new district collectors in 'major reshuffle'

Mar 17, 2018 - 11:36 AM

The Bureau of Customs appoints new district collectors in areas where the February collection target was not met

'Panama Papers' law firm shuts down operations

Mar 15, 2018 - 9:51 AM

Mossack Fonseca says a smaller group will continue working to address requests from authorities and other public and private groups

A private security guard stands outside the building where Panama-based Mossack Fonseca law firm is based, in Panama City, on April 5, 2016. Rodrigo Arangua/AFP

VIRAL: With tax reform, Philippines has 'new rules' like Dua Lipa

Mar 14, 2018 - 3:20 PM

Ateneo de Zamboanga University students make a parody video inspired by Dua Lipa's hit song, featuring lyrics about the tax reform law

Malacanang on Peter Lim, Barangay & SK elections postponement, Umali on articles of impeachment | Evening wRap

Mar 13, 2018 - 8:18 PM

Watch the evening newscast with Marguerite de Leon

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

[EDITORIAL] #AnimatED: Unti-unti, sinasakal na si Juan ng bagong buwis

Mar 12, 2018 - 9:00 AM

Nang naupo si Rodrigo Duterte bilang pangulo, nasa 2% lamang ang inflation rate – ngayon, 19 buwan pa lamang ang nakalilipas, halos sagad na ito sa target ng gobyerno na 4%

Senate committee to probe new threat vs BPO sector

Mar 11, 2018 - 3:07 PM

This comes after a Malacañang veto effectively raised the cost of doing business in the Philippines, says Senator Paolo Benigno Aquino IV

TRAIN EFFECTS. The Senate Committee on Science and Technology is set to probe tax reform effects on the Philippine BPO sector. File photo by AFP

#ThewRap: Things you need to know, March 9, 2018

Mar 09, 2018 - 11:34 AM

Here are the stories you shouldn't miss this Friday

ALL EYES ON THE CHIEF. Supreme Court Chief Justice Maria Lourdes Sereno faces another tough challenge in impeachment proceedings as her fellow justices force her to take an indefinite leave.

Tax evasion complaint vs Rappler, Sereno impeachment, De Castro calls out Sereno | Evening wRap

Mar 08, 2018 - 9:53 PM

Watch the evening newscast with Mara Cepeda

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

Supreme Court flag ceremony, High inflation rate expected, EU fund for PH drug rehab program | Midday wRap

Mar 05, 2018 - 1:57 PM

Watch the midday newscast with Marguerite de Leon

Inflation seen to continue hitting poor Filipinos hard

Mar 05, 2018 - 10:21 AM

Dennis Mapa, dean of the UP Diliman School of Statistics, also says the P200 monthly subsidy for poor Filipino households is not enough to offset the impact of the tax reform law

A vendor sells vegetables at a market near an informal settlers area in Manila on February 16, 2011. Rising food prices have pushed about 44 million people into poverty in developing countries since last June, the World Bank warned February 15. AFP PHOTO/TED ALJIBE / AFP PHOTO / TED ALJIBE

Business confidence drops in first 3 months of 2018

Mar 02, 2018 - 3:58 PM

The overall confidence index of Q1 2018 slips to 39.5% from 43.3% for Q4 2017 due to the initial stages of the tax reform, lower demand, and high oil prices, says the Bangko Sentral ng Pilipinas. However, the BSP says the outlook is brighter for Q2 of this year.

With carbon pricing, Train Law can help reduce pollution

Feb 28, 2018 - 10:00 AM

Historically, when we burn coal or use petroleum products, we generally do not pay for the actual price of the carbon emissions brought about by these fossil fuels

BIR: It's ‘possible’ Sereno violated tax code 6 times

Feb 27, 2018 - 3:55 PM

(UPDATED) BIR Deputy Commissioner Arnel Guballa estimates that Sereno apparently failed to pay the bureau around P2 million, including interest and surcharges. Her camp says she paid P8.67 million for income earned from Piatco from 2004-2009.

Supreme Court chief justice Ma. Lourdes Sereno on Rappler Talk, February 15, 2018. Photo by LeAnne Jazul/Rappler

P1-B tax evasion complaint filed vs PH franchisee of Dunkin Donuts

Feb 23, 2018 - 2:07 PM

(UPDATED) The Prieto-owned Golden Donuts, the exclusive Philippine franchisee of Dunkin' Donuts, denies it evaded tax payment and says it had settled the matter with the Bureau of Internal Revenue in 2012

Duterte on Malacañang ban, Alvarez on Sara Duterte, New charges vs Manafort | Midday wRap

Feb 23, 2018 - 1:33 PM

Watch the midday newscast with Mara Cepeda

#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

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

Go on frigate deal, 2 MRT3 glitches on Monday, BIR on Sereno | Evening wRap

Feb 19, 2018 - 7:42 PM

Watch the evening newscast with Marguerite de Leon

Singapore to impose carbon tax from 2019

Feb 19, 2018 - 6:25 PM

The tax will be levied on all facilities producing 25,000 tons or more of greenhouse gas emissions a year

SINGAPORE. A picture shows the skyline of Singapore's financial district across the Singapore River in the early morning of August 10, 2011. File photo by Simin Wang/AFP

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