taxes in the Philippines - updates

Rappler's latest stories on taxes in the Philippines

ARTICLE FINDER

#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

#AskTheTaxWhiz: What are the new alphanumeric tax codes under TRAIN?

Nov 21, 2018 - 3:30 PM

The Philippine Tax Whiz consolidates all the new alphanumeric tax codes (ATCs) under the Tax Reform for Acceleration and Inclusion law

Senate approves tax amnesty bill on final reading

Nov 19, 2018 - 7:10 PM

If passed into law, the bill would grant amnesty on all unpaid internal revenue taxes, including estate, value-added, and excise taxes, in 2017 and previous years

#AskTheTaxWhiz: How the TRAIN law affects documentary stamp tax

Nov 16, 2018 - 11:00 AM

The Philippine Tax Whiz discusses the changes in documentary stamp tax rates under the Tax Reform for Acceleration and Inclusion law

#AskTheTaxWhiz: What are the taxes that our food goes through?

Nov 07, 2018 - 5:00 PM

The Philippine Tax Whiz discusses the taxes imposed on the food we eat

#AskTheTaxWhiz: Taxes for exporters

Oct 31, 2018 - 4:00 PM

Are exporters required to pay value-added tax? The Philippine Tax Whiz explains.

Rappler Talk: Mon Abrea on the unintended effects of tax reform

Oct 25, 2018 - 2:56 PM

Tax expert Mon Abrea gives his unsolicited advice to the government on how to implement genuine tax reform

Senate eyes 6-month fuel tax hike suspension in 2019

Oct 24, 2018 - 2:35 PM

(UPDATED) Senator Sherwin Gatchalian says the suspension would enable consumers to adjust from the higher prices being experienced in 2018

#AskTheTaxWhiz: Taxes for importers

Oct 19, 2018 - 9:40 AM

The Philippine Tax Whiz explains the taxes that importers should pay, including the value-added tax on imported goods and certain exemptions

FACILITATING DELIVERY. The Bureau of Customs hopes that raising the de minimis value will help speed up the processing of shipments. File photo by Jay Directo/AFP

Will they or won't they? DOF to review fuel tax hike suspension

Oct 18, 2018 - 3:15 PM

The Department of Finance sees less pressure to suspend the fuel excise tax hike in 2019, with Dubai crude prices possibly tapering off in the last quarter of 2018

Diokno: Fuel tax hike suspension to cut jeepney drivers' subsidy in 2019

Oct 17, 2018 - 11:10 AM

Jeepney drivers will receive a fuel subsidy smaller than the expected P20,515 in 2019

NO INCREMENTS. There will be no additional fuel subsidies to jeepney drivers due to suspension of excise tax on oil. File photo by Darren Langit/Rappler

Government to cut projects over 2019 fuel tax hike suspension

Oct 17, 2018 - 10:45 AM

Budget Secretary Benjamin Diokno says non-infrastructure projects will be the first in line to be reviewed for postponement

Duterte to suspend fuel tax increase under TRAIN law

Oct 14, 2018 - 4:05 PM

(3rd UPDATE) President Rodrigo Duterte is implementing this in a bid to ease inflation and 'allow the public to manage their finances better'

Curent oil price hike gas prices. Photo by Jire Carreon/Rappler

Opposition senators seek suspension of fuel tax

Oct 10, 2018 - 3:55 PM

Minority senators are hopeful that their colleagues will support the initiative this time

FUEL TAX. The Senate minority bloc filed a joint resolution seeking to suspend excise taxes on fuel under the TRAIN law. Photo by Angie de Silva/Rappler

Senators' election plans bog down Trabaho bill – think tank

Oct 08, 2018 - 9:44 PM

The Action for Economic Reforms says Senator Sonny Angara can pass on the Trabaho bill to other lawmakers if he fears the measure will hurt his reelection bid

#AskTheTaxWhiz: Excise tax on sugar-sweetened beverages

Oct 03, 2018 - 11:00 AM

The Philippine Tax Whiz answers questions about excise tax on sugar-sweetened beverages

#AskTheTaxWhiz: Paying taxes as a driver for ride-hailing firms

Sep 28, 2018 - 11:00 AM

Common carriers tax, percentage tax, or value-added tax? The Philippine Tax Whiz explains.

SUBSIDY. Grab Philippines says it will provide a subsidy to drivers for trips that fall below P5.50 per minute or P330 per hour. Rappler file photo

#AskTheTaxWhiz: What does the Trabaho bill offer?

Sep 17, 2018 - 3:00 PM

The Philippine Tax Whiz discusses the impact of the Trabaho bill to ordinary taxpayers

House opposition wants to suspend excise tax increases on fuel, oil

Sep 10, 2018 - 8:30 PM

Opposition lawmakers argue suspending the excise tax increases on fuel and oil products will help curb rising inflation

RISING. The TRAIN law affects fuel prices. File photo by Ben Nabong/Rappler

Health advocates urge gov't to increase tobacco tax

Sep 07, 2018 - 5:19 PM

'If we do not implement [higher] tax at this time, by the time President Duterte steps down, we will actually have one million new smokers,' says Dr Ulysses Dorotheo of the Southeast Asia Tobacco Control Alliance

TOBACCO CONTROL. Health advocates present ways government can continue to strengthen tobacco control in the Philippines. Photo by Sofia Tomacruz/Rappler

#AskTheTaxWhiz: VAT or non-VAT taxpayer?

Sep 05, 2018 - 11:00 AM

The Philippine Tax Whiz explains when to register as a VAT or non-VAT taxpayer, for the self-employed and professionals

#AskTheTaxWhiz: Top questions of the self-employed, professionals

Aug 29, 2018 - 11:00 AM

The Philippine Tax Whiz answers the frequently asked questions of self-employed individuals and professionals

How damaged assets can reduce your income tax

Aug 19, 2018 - 7:20 PM

Our tax laws allow casualty losses to be claimed as deduction for income tax purposes

#AskTheTaxWhiz: Planning to franchise a food cart business?

Aug 08, 2018 - 11:00 AM

The Philippine Tax Whiz explains the taxes you need to pay when you franchise a business

#AskTheTaxWhiz: Oplan Kandado for non-compliant taxpayers

Jul 11, 2018 - 11:00 AM

The Philippine Tax Whiz discusses the grounds for suspension and closure of businesses due to non-compliance with tax regulations

#AskTheTaxWhiz: Filing an amended tax return

Jul 04, 2018 - 11:00 AM

The Philippine Tax Whiz clarifies the imposition of surcharge, interest, and compromise penalty for filing an amended tax return

#AskTheTaxWhiz: Planning to buy a car?

Jun 26, 2018 - 10:45 AM

The Philippine Tax Whiz explains the impact of the Tax Reform for Acceleration and Inclusion (TRAIN) law on the prices of automobiles

TRAIN law abuses women – rights group

Jun 20, 2018 - 4:45 PM

Women's rights group Oriang says poor women suffer the most under the Tax Reform for Acceleration and Inclusion (TRAIN) law

#AskTheTaxWhiz: Social mitigating measures of tax reform law

Jun 20, 2018 - 3:00 PM

The Philippine Tax Whiz lets us know about provisions in the TRAIN law meant to help the poorest of the population

Despite higher inflation, economic managers reject TRAIN law suspension

Jun 05, 2018 - 1:45 PM

'We must stay the course,' the economic managers say in a joint statement as they defended the tax reform law as crucial to progress

INFLATION BRIEFING. Budget Secretary Benjamin Diokno (middle) reads the joint statement of the Department of Budget and Management, Department of Finance, and National Economic and Development Authority on the May 2018 inflation figure. Photo from DBM