taxes in the Philippines - updates

Rappler's latest stories on taxes in the Philippines

ARTICLE FINDER

#AskTheTaxWhiz: Filing of returns for withholding tax

Jul 10, 2019 - 5:35 PM

The Philippine Tax Whiz answers which form you should use for withholding tax

San Juan City fails to impose P736M in taxes on businesses

Jul 09, 2019 - 10:39 PM

The Commission on Audit says the city treasurer's office under-collects from 8 big corporate taxpayers

#AskTheTaxWhiz: Business style in official receipts

Jul 04, 2019 - 7:00 PM

The Philippine Tax Whiz answers what 'business style' refers to in official receipts

#AskTheTaxWhiz: Top questions on tax amnesty

Jun 26, 2019 - 9:40 PM

Still confused about tax amnesty? The Philippine Tax Whiz answers the most frequently asked questions.

#AskTheTaxWhiz: How do I avail of estate tax amnesty?

Jun 12, 2019 - 3:45 PM

The Philippine Tax Whiz discusses how you can finally transfer those long-overdue properties

#AskTheTaxWhiz: Handling books of accounts

Jun 05, 2019 - 5:30 PM

The Philippine Tax Whiz discusses the guidelines for handling books of accounts

Senate approves higher taxes on cigarettes, tobacco products

Jun 03, 2019 - 8:55 PM

The bill proposes a starting tax rate of P45 in 2020, followed by a series of annual P5 increases until the rate reaches P60 in 2023

Rappler file photo

#AskTheTaxWhiz: What does it mean to be a top withholding agent?

May 29, 2019 - 3:20 PM

The Philippine Tax Whiz answers the questions of a top withholding agent

Angara sponsors bill seeking to increase tobacco taxes

May 27, 2019 - 5:20 PM

The Senate ways and means committee report proposes a starting tax rate of P45 per cigarette pack in 2020, followed by a series of annual P5 increases until the rate reaches P60 in 2023

RISKS. WHO says long-term testing on heated tobacco was non-existent and voiced concern that promoting the products would ultimately see less people quit smoking. Rappler file photo

#AskTheTaxWhiz: What are the quarterly income tax returns?

May 22, 2019 - 7:50 PM

The Philippine Tax Whiz discusses why the 1st quarter ITR is important

#AskTheTaxWhiz: How do I avail of the tax amnesty on delinquencies?

May 01, 2019 - 2:00 PM

The Philippine Tax Whiz discusses the process for the tax amnesty on delinquencies, including the forms to use

#AskTheTaxWhiz: Documentary requirements for VAT-exempt medicines

Apr 26, 2019 - 4:00 PM

The Philippine Tax Whiz discusses the documentary requirements for VAT-exempt medicines

#AskTheTaxWhiz: I missed the ITR filing deadline! What do I do next?

Apr 17, 2019 - 5:10 PM

The Philippine Tax Whiz discusses what to do next if you missed the April 15 deadline for filing income tax returns

BIR's April 15 deadline stays, no extension for taxpayers

Apr 14, 2019 - 10:10 PM

The deadline for filing income tax returns is Monday, April 15. Those who will not be able to pay on Monday will face penalties.

#AskTheTaxWhiz: Taking on the #April15Challenge

Apr 12, 2019 - 7:10 PM

The Philippine Tax Whiz tells taxpayers what they need to know about filing income tax returns, which are due on Monday, April 15

#AskTheTaxWhiz: How do I file my returns and pay my taxes?

Apr 10, 2019 - 7:00 PM

The Philippine Tax Whiz discusses the different methods for filing returns and paying taxes

#AskTheTaxWhiz: Income tax return filing for corporations

Apr 03, 2019 - 6:55 PM

The Philippine Tax Whiz discusses the new forms for corporations and when they should file their income tax returns

#AskTheTaxWhiz: Should I use BIR Form No. 1701 or 1701A?

Mar 27, 2019 - 4:15 PM

The Philippine Tax Whiz discusses when to use the new BIR Form Nos. 1701 and 1701A

#AskTheTaxWhiz: Income tax return for employees

Mar 20, 2019 - 4:50 PM

Who are qualified for substituted filing? Find out from the Philippine Tax Whiz!

#AskTheTaxWhiz: Can I start a business without official receipts?

Mar 13, 2019 - 1:00 PM

The Philippine Tax Whiz discusses a way to start businesses without official receipts

#AskTheTaxWhiz: Tax amnesty on delinquencies

Mar 06, 2019 - 7:40 PM

The Philippine Tax Whiz breaks down the tax amnesty on delinquencies

#AskTheTaxWhiz: All about estate tax amnesty

Feb 28, 2019 - 2:30 PM

The Philippine Tax Whiz discusses the provisions of the recently passed estate tax amnesty

Senatorial bets hit TRAIN law, fuel excise tax

Feb 25, 2019 - 11:17 AM

As fuel serves as a key component in production of goods, a number of senatorial candidates called for a repeal in the fuel excise tax law

A gasoline attendant fills up a passengers jeepney with fuel at a gas station in Commonwealth Ave in Quezon City on Sunday, November 4, 2018. Oil firms earlier in the day hike prices of diesel by P1.00 per liter and gasoline by P1.10 per liter. Photo by Darren Langit/Rappler

New tax amnesty law has no spirit, says expert

Feb 20, 2019 - 2:35 PM

For tax expert Mon Abrea, President Rodrigo Duterte should have thrown out the tax amnesty law completely, as it is now unable to execute its main goals

Duterte vetoes 'overgenerous' general tax amnesty

Feb 18, 2019 - 5:10 PM

President Rodrigo Duterte vetoes the general tax amnesty provision of Republic Act No. 11213, which would have provided relief to people who failed to pay correct taxes

#AskTheTaxWhiz: Filing ITRs for individuals

Feb 15, 2019 - 3:15 PM

The Philippine Tax Whiz discusses the new Bureau of Internal Revenue form for individuals' income tax returns

DOF urges lawmakers to speed up alcohol excise tax hike

Feb 06, 2019 - 7:55 PM

While both tobacco and alcohol saw excise tax hikes back in 2012, the Department of Finance says alcohol lags behind in revenue contribution

Senator Sonny Angara, chair of the Committee on Ways & means, together with Senator Manny Pacquiao, listen to resource persons during the public hearing on the proposed measure increasing the excise tax rates on alcohol products. Photo by Cesar Tomambo/PRIB  Senator Sonny Angara, chair of the Committee on Ways & means, together with Senator Manny Pacquiao, listen to resource persons during the public hearing on the proposed measure increasing the excise tax rates on alcohol products. Photo by Cesar Tomambo/PRIB

#AskTheTaxWhiz: Do candidates pay taxes for campaign expenses?

Feb 06, 2019 - 1:00 PM

The Philippine Tax Whiz tells us when political contributions and campaign expenses are taxable

#AskTheTaxWhiz: VAT-exempt medicines and other 2019 TRAIN provisions

Jan 23, 2019 - 12:00 PM

The Philippine Tax Whiz discusses provisions of the Tax Reform for Acceleration and Inclusion law taking effect in 2019

#AskTheTaxWhiz: How do I pay local business tax?

Jan 17, 2019 - 9:00 AM

The Philippine Tax Whiz discusses payment of local business tax and renewal of business permit

Ex-general in military corruption scandal cleared in P428M tax case

Jan 16, 2019 - 8:14 PM

The Court of Tax Appeals acquits former military comptroller Jacinto Ligot of tax crimes, but says the deficiency assessment of the Bureau of Internal Revenue stands

ACQUITTED. Retired general Jacinto Ligot and wife Erlina are acquitted of 4 counts of tax violation. File photo from Newsbreak

#AskTheTaxWhiz: Annual submissions to the BIR

Jan 09, 2019 - 3:00 PM

The Philippine Tax Whiz discusses the documents you need to submit to the Bureau of Internal Revenue this January

Duterte agrees to certify bill on higher cigarette, alcohol tax as urgent

Jan 08, 2019 - 2:21 PM

President Rodrigo Duterte backs a proposal to jack up tobacco tax to P60 per pack from P30 per pack, embodied in the bill filed by Senator Manny Pacquiao

SIN TAX. Lawmakers wants to increase the taxes imposed on tobacco and alcoholic drinks.

DOF turns sour as sugar tax collections miss target

Jan 03, 2019 - 4:51 PM

Taxes collected from sugar-sweetened beverages from January to October 2018 stand at P30 billion, 25% short of the P40-billion target

#AskTheTaxWhiz: Year-end compliance

Jan 03, 2019 - 2:35 PM

The Philippine Tax Whiz reminds taxpayers to conduct an annual compliance check

[ANALYSIS] New year, new fuel taxes: Do we really need them?

Jan 03, 2019 - 12:05 PM

Not only is TRAIN failing to generate enough revenues as expected, it is also demonstrably anti-poor and anti-environment

#AskTheTaxWhiz: New, updated BIR forms under TRAIN law

Dec 26, 2018 - 11:00 AM

The Philippine Tax Whiz discusses the Bureau of Internal Revenue forms affected by the tax reform law

Lawmakers, engineers request P5B in road users’ tax funds

Dec 22, 2018 - 8:30 AM

House Majority Leader Andaya Jr's list shows the requests of legislators and engineers approved by the graft-riddled Road Board, but the funds have not been released to them

CAMPAIGN FUNDS? House Majority Leader Rolando Andaya Jr says DBM Secretary Benjamin Diokno is reserving Road Board funds for administration candidates in 2019.

#AskTheTaxWhiz: Deducting expenses from gross sales

Dec 19, 2018 - 11:00 AM

The Philippine Tax Whiz discusses how to deduct expenses from gross sales

Diokno reserving road tax funds for admin allies? 'Nonsense,' says Panelo

Dec 18, 2018 - 3:15 PM

Malacañang maintains that President Rodrigo Duterte still wants the Road Board abolished

SALVADOR PANELO. Presidential Spokesperson Salvador Panelo during a press conference on December 3, 2018. Screenshot from livestream.

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?

Senate urges Malacañang to stop release of funds from road user’s tax

Dec 13, 2018 - 6:55 PM

The passage of the resolution comes amid an apparent deadlock between the Senate and the House of Representatives, after the latter rescinded its approval of the bill seeking to abolish the Road Board

INTERVENTION. Senate leaders are waiting for President Rodrigo Duterte to tell the House majority to support the abolition of the 'corrupt' Road Board. Photos of Senators Vicente Sotto III (left) and Franklin Drilon (right) by Angie de Silva/Rappler, Duterte photo from Malacanang, background image from Shutterstock

#AskTheTaxWhiz: New interest penalties under TRAIN law

Dec 12, 2018 - 3:15 PM

The Philippine Tax Whiz discusses the new rules on interest penalty under the Tax Reform for Acceleration and Inclusion law

Supreme Court: Tax on non-life insurance still effective

Dec 05, 2018 - 8:25 AM

The Supreme Court reverses an earlier ruling of the Makati City Regional Trial Court

Supreme Court of the Philippines in PAdre Faura on June 19, 2018. Photo by LeAnne Jazul/Rappler

Duterte approves 2019 fuel tax hike

Dec 04, 2018 - 7:46 PM

(UPDATED) The Cabinet meeting tackles the recommendation of Duterte's economic managers to push through with the hike, to be implemented on January 1, 2019

#AskTheTaxWhiz: What are deductions, exemptions from gross income?

Dec 04, 2018 - 3:55 PM

The Philippine Tax Whiz discusses the changes to allowable deductions under the Tax Reform for Acceleration and Inclusion law

House OKs bills increasing taxes on tobacco, alcohol starting 2019

Dec 03, 2018 - 7:25 PM

The additional revenues from the proposed tax increases are expected to help fund universal health care

SIN TAX. Lawmakers wants to increase the taxes imposed on tobacco and alcoholic drinks.

BIR scraps tax on health card premiums

Nov 29, 2018 - 7:30 PM

The Bureau of Internal Revenue amends its previous issuance after drawing flak

Economic managers change mind, recommend fuel tax hike in 2019

Nov 29, 2018 - 4:25 PM

The recommendation comes in light of the decline in world oil prices

A gasoline attendant fills up a passengers jeepney with fuel at a gas station in Commonwealth Ave in Quezon City on Sunday, November 4, 2018. Oil firms earlier in the day hike prices of diesel by P1.00 per liter and gasoline by P1.10 per liter. Photo by Darren Langit/Rappler

House seeks alcohol tax increase to fund universal health care

Nov 26, 2018 - 6:05 PM

The proposed tax hike gets the approval of the House of Representatives on 2nd reading

ONE MORE SHOT? Lawmakers want to increase the excise taxes on alcoholic products. Photo from Shutterstock