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#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.

SC clears the way for 500% hike in property valuation in Quezon City

Oct 25, 2018 - 7:30 AM

(UPDATED) City Administrator Aldrin Cuña says the QC Fair Market Values Ordinance can be implemented 15 working days after the Supreme Court decision

#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

#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: 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

Amazon hits trillion-dollar milestone with focus on the long game

Sep 05, 2018 - 12:06 AM

(UPDATED) Early gains lifts Amazon's value to $1 trillion only briefly, with the final close at $2,039.51 giving it a value of $995 billion

AMAZON. An Amazon logo is seen inside the Amazon corporate headquarters on June 16, 2017 in Seattle, Washington. File photo by David Ryder/Getty Images/AFP

The 7-point science of why we forget our 'dark' past

Aug 26, 2018 - 11:00 AM

Ever heard of 'unethical amnesia'?

House Minority leader, Starbucks and Alibaba, Apple hits $1 trillion | Midday wRap

Aug 03, 2018 - 2:02 PM

Watch Rappler’s midday newscast with Ralf Rivas

Milestones: Apple's road to being a trillion-dollar enterprise

Aug 03, 2018 - 8:41 AM

Nearing bankruptcy in 1997, Microsoft lends Apple a helping hand in the form of a $150M cash injection. About 21 years later, Apple becomes the first trillion-dollar company, surpassing its benefactor

JOBS. This file photo taken on January 9, 2007 at the Macworld Conference in San Francisco, California shows the late Apple chief executive Steve Jobs unveiling the iPhone, then revolutionary for being just about half-an-inch (1.3 centimeters) thick, its touchscreen, and combining phone functionalities, internet capability an MP3 player, and a two megapixel digital camera. File photo by Tony Avelar/AFP


Apple is world's first trillion-dollar company

Aug 03, 2018 - 6:29 AM

US tech companies make up the top 5 most valuable enterprises based on share prices. Behind Apple are Amazon, Google parent Alphabet, Microsoft, and Facebook.

NEW HEIGHTS. On Thursday, August 2, US time, the technology company and iPhone maker became the first American public company to cross $1 trillion in value. Apple stock is up more than 20% this year. Pictured is the Apple Store Liberty, the first Italian flagship store of Apple in Milan. Photo by Piero Cruciatti/AFP


What it means to be an astig Filipino in 2018

Jun 12, 2018 - 10:55 PM

Red Horse Beer celebrates the resilience of Pinoys in their new TVC

Albayalde to retain Oplan Tokhang when he becomes PNP chief

Apr 06, 2018 - 5:24 PM

Albayalde says he will not introduce a new drug war policy in the PNP as he believes the current campaign has yielded 'very good' results

TOKHANG LIVES ON. Incoming police chief Oscar Albayalde will not introduce a new drug campaign policy in the PNP. File photo from House of Representatives

Saudi, UAE introduce VAT in first for Gulf

Jan 01, 2018 - 8:44 PM

The other Gulf states – Bahrain, Kuwait, Oman, and Qatar – are also committed to introducing VAT but have delayed the move until early 2019

The 10 best bang-for-buck phones of 2017

Dec 27, 2017 - 12:15 AM

Here are some of the best phones that provide amazing value at their price point, released this year


Senate approves tax reform bill on final reading

Nov 28, 2017 - 6:31 PM

Senate Minority Leader Franklin Drilon expects a difficult time in the bicameral conference committee due to polarizing provisions in the Senate and House versions

Senate wants no VAT for P15,000 and below housing rent

Nov 27, 2017 - 2:50 PM

This is in contrast to the version of the House of Representatives, which scrapped the P10,000 VAT exemption for housing rent

Bitcoin value surges past $9000 mark

Nov 27, 2017 - 12:21 PM

Bitcoin's value has seen a tremendous leap this year

ASEAN highlights need to reintegrate radicals to counter terrorism

Nov 14, 2017 - 5:52 PM

There will be an ad-hoc experts working group under the Senior Officials Meeting on Transnational Crime (SOMTC) to carry out the plans

COUNTER-TERRORISM. Commitments to fight radicalization as counterinsurgency measures are one of the outputs of the 31st ASEAN Summit. ACE MORANDANTE/PRESIDENTIAL PHOTO

IN PHOTOS: Victory Church holds formation program for PNP

Oct 31, 2017 - 2:50 PM

'We believe God is truly moving in the Philippines, especially in our government,' Victory Church says

SURRENDERING TO GOD. Members of the Philippine National Police attend a two-week values formation program by Victory, one of the biggest Christian churches in the Philippines. All photos from Victory on Facebook

PNP suspends Oplan Double Barrel, again

Oct 12, 2017 - 11:51 AM

(2nd UPDATE) This follows President Rodrigo Duterte ordering all agencies to leave all anti-drug operations to the Philippine Drug Enforcement Agency (PDEA)

STOPPED. 3 suspected drugs personalities were apprenhended by cops while 3 others died after a shootout in Maypajo, Caloocan City on September 30, 2016. Rappler file photo

Gulf states say goodbye to tax-free reputation

Oct 01, 2017 - 12:03 PM

The 6 states are now taking austerity measures a step further with the plan to introduce value-added tax, ending their decades-old reputation for being tax havens

In this file photo, people shop at the Dubai Mall on June 1, 2016 in the Gulf emirate of Dubai. Marwan Naamani/AFP

BPOs 'safe' from tax reform, sugar-sweetened milk under deliberation

Aug 10, 2017 - 7:35 PM

Finance Secretary Carlos Dominguez III says incentives for BPO companies will remain The fate of milk products in the proposed tax reform package however is still up in the air

Saguisag tells Duterte to change, 'reexamine' Bedan values

Jul 01, 2017 - 4:29 PM

I am praying and hoping for him to succeed because his success is yours and mine But he has to change in many respects says former senator and Bedan Rene Saguisag

COA calls out Iloilo gov't on poor implementation of toilet project

Jun 16, 2017 - 11:25 AM

The Commission on Audit says some of the toilet bowls did not go to the intended beneficiaries while others remained in their original packaging 3 years after the project was launched

House passes reform bill, with higher tax rate for 'super-rich'

May 31, 2017 - 5:53 PM

While HB 5636 will lower personal income tax rate to 25 VAT exemptions will be lifted on several sectors

APPROVED. The House approves the first batch of tax reforms being proposed by the Duterte administration. Photo by Mara Cepeda/Rappler

Duterte certifies tax reform bill as urgent

May 29, 2017 - 4:00 PM

The House of Representatives could approve the bill on both 2nd and 3rd readings this week

President Rodrigo Duterte now wants the House to prioritize the tax reform bill before it adjourns session this week. File photo by Malacañang  President Rodrigo Duterte now wants the House to prioritize the tax reform bill before it adjourns session this week. File photo by Malacañang

No more lifting of VAT exemptions for cooperatives

May 24, 2017 - 1:20 PM

Speaker Pantaleon Alvarez agrees to retain the VAT exemptions for cooperatives in the proposed tax reform package at the request of party list representatives

TAX REFORM. An amendment to the comprehensive tax reform package is expected to be introduced at the plenary following the decision of the House leadership to retain the VAT exemption on cooperatives. File photo by Ben Nabong/Rappler

House begins debates on Duterte tax reform package

May 23, 2017 - 11:05 PM

House ways and means committee chairperson Dakila Cua estimates P157 2 billion in government revenues will be generated from the tax reform package in its first year of implementation

PLENARY. Lawmakers hold their plenary session on May 23, the same day the tax reform package was sponsored for 2nd reading. Photo by Mara Cepeda/Rappler

FULL TEXT: Sugar-sweetened beverage taxes promise P47B revenue – Suansing

May 23, 2017 - 8:46 PM

Nueva Ecija 1st District Representative Estrellita Suansing says collection will be used to assist sugar farmers and fund school based feeding programs

SPONSOR. Nueva Ecija 1st District Representative Estrellita Suansing delivers her sponsorship speech for the tax reform package. Screengrab from the House Youtube account

FULL TEXT: Revenue from tax reform to improve Filipinos' lives – Cua

May 23, 2017 - 8:30 PM

The House ways and means committee chairman says the package aims to generate revenue for social welfare infrastructure education healthcare job generation among others

SPONSOR. House ways and means committee chairperson Dakila Cua delivers his sponsorship speech for the tax reform package. Screengrab from the House Youtube account

Higher loan interest rates if VAT exemptions for coops lifted – lawmaker

May 22, 2017 - 5:40 PM

House committee on cooperative development chairperson Rico Geron says he will oppose the tax reform package if it will include the removal of the VAT exemptions for cooperatives

PRO-COOPS. Agricultural Sector Alliance of the Philippines Representative Rico Geron opposes the proposal to take out the VAT exemption on cooperatives. Photo by Mara Cepeda/Rappler

House committee approves Duterte tax reform package

May 03, 2017 - 7:50 PM

The House ways and means panel is also eyeing a provision imposing an additional P10 excise tax on sugar sweetened beverages and carbonated drinks

TAX REFORM. House committee on ways and means chairperson Dakila Cua leads the panel tackling the Department of Finance's proposed tax reform package. File photo by Rappler

#AskTheTaxWhiz: Is the proposed tax reform package really pro-poor?

Feb 26, 2017 - 6:00 PM

The Philippine Tax Whiz shares what the public must know about the Tax Reform for Acceleration and Inclusion TRAIN bill

#AskTheTaxWhiz: Tax on Valentine's?

Feb 14, 2017 - 12:15 PM

The Philippine Tax Whiz answers questions about donor s tax sending gifts to loved ones through balikbayan boxes and value added tax

Ex-DOF, NEDA chiefs back Duterte tax reform plan

Jan 09, 2017 - 4:50 PM

19 former heads and deputy chiefs of the Department of Finance and the National Economic and Development Authority say the comprehensive tax reform plan would correct the structural weaknesses of the system

ESSENTIAL. Finance Secretary Carlos Dominguez III says the tax reform plan is the lynchpin of the administration's wider reform agenda.

'Safe haven' Bitcoin retreats after shot at all-time high

Jan 06, 2017 - 11:23 AM

The virtual currency exhibits its trademark volatility in spite of a recent surge in demand

BITCOIN. This illustration shows a Bitcoin sign in Hong Kong on August 3, 2016. Photo by Anthony Wallace/AFP

Mang Inasal bags metals anew, wins Gold and Bronze from ARAW Values Awards

Dec 23, 2016 - 2:14 PM

The Pinag isang Puso campaign was created to gather public support for Gilas Pilipinas the country s national basketball team

VAT-free shopping for PWDs starting Dec 23

Dec 22, 2016 - 4:31 PM

The new benefit is on top of the 20 discount PWDs are already entitled to under the Magna Carta for Disabled Persons

MORE DISCOUNTS. Persons with disabilities can enjoy VAT-free purchases starting Friday, December 23, 2016. Photo by George Moya/ Rappler

Discounts, VAT exemptions now available to PWDs

Dec 01, 2016 - 7:09 PM

Social Welfare Secretary Judy Taguiwalo signs the implementing rules and regulations of Republic Act 10754 An Act Expanding the Benefits and Privileges of Persons with Disability

PWD RIGHTS. Persons with disabilities are entitled to the same rights regularly-abled persons enjoy. Rappler file photo

'War on drugs': PH police capture half of high-value targets

Nov 02, 2016 - 4:45 PM

High value targets are among the main focus of the PNP s second phase in the war on drugs

HVTs. PNP chief Ronald dela Rosa with Franz Sabalones, allegedly a top drug lord from Cebu. File photo by Mark Cristino/EPA

Recto: Why the delay in implementing VAT exemption for PWDs?

Oct 28, 2016 - 10:04 PM

The Senate Minority Leader says 7 months since the law was signed concerned government agencies have yet to promulgate its implementing rules and regulations

DOF eyes higher VAT exemption threshold as 'safety net for the poor'

Oct 26, 2016 - 9:40 PM

The Department of Finance also defends measures criticized as anti poor – the proposed higher fuel excise tax and the planned removal of certain VAT exemptions

House panel wants tax reform bill passed mid-2017

Oct 17, 2016 - 3:15 PM

The House committee on ways and means meets with the Department of Finance to discuss possible changes to the anti poor measures under the proposed tax reform package

TAX REFORM. House committee on ways and means chairperson Dakila Cua leads the panel tackling the DOF's proposed tax reform package. Photo by Rappler

DOF tax reform proposal ‘anti-poor’ – lawmakers

Sep 29, 2016 - 6:00 PM

Speaker Pantaleon Alvarez also calls out the DOF for failing to include specific proposals to make tax collection more efficient

ANTI-POOR REFORMS. The Makabayan bloc airs their reservations against the DOF's proposed tax reform on September 29. Photo by Mara Cepeda/Rappler

DOF submits first package of tax reforms to Congress

Sep 27, 2016 - 7:45 PM

The first of 4 packages to be submitted includes the restructuring of personal income tax reducing the coverage of VAT exemptions and raising fuel excise tax

Removal of seniors' VAT exemptions 'counter-productive' – lawmakers

Sep 27, 2016 - 2:40 PM

In our culture we respect senior citizens So why would we remove the exemption granted to them? asks veteran politician and Northern Samar 1st District Representative Raul Daza

NO TO VAT REMOVAL. Northern Samar 1st District Representative Raul Daza (1st from left) and Albay 1st District Representative Edcel Lagman (2nd from right) both oppose the removal of VAT exemptions on senior citizens. Photo by Mara Cepeda/Rappler

Poor to be shielded from fuel excise tax increase – DOF

Sep 05, 2016 - 7:03 PM

Socioeconomic Planning Secretary Ernesto Pernia says now is the best time to adjust fuel excise taxes when crude oil prices are low and impact on inflation is almost negligible

'BEST TIME.' NEDA chief Ernesto Pernia points out that every P1-per-liter increase in fuel prices would translate into an inflation spike of just 0.1 percent. Rappler file photo

Duterte admin keeping seniors' 20% discount, most VAT exemptions

Aug 31, 2016 - 2:45 PM

But the VAT exemption granted to senior citizens when dining in restaurants will be lifted says the DOF because such discounts are usually availed of by affluent senior citizens

VAT ON SENIOR CITIZENS. The VAT exemption granted to seniors when dining in restaurants will be lifted. Photo by Mark Saludes/Rappler

Extrajudicial killings, tax reform, Prince | 12PM wRap

Aug 23, 2016 - 12:39 PM

Watch the 12PM wRap with Paterno Esmaquel