2017 Tax News - Archive 3

November 2017

• Budget, TRAIN bill face delay in Senate - Philippine Star

• DoF expects excise stamp scheme for alcohol in place by mid-2018 - Business World

• Tax reform for a higher level of economic development - Philippine Star

• Why tax deductions are stupid (And why we love them) - Business World

• BIR sin tax collection up 12% to P17.7 B in September - Philippine Star

• Revitalized Mighty boosted Sept tax take - Philippine Daily Inquirer

October 2017

• DOF raises expected sin taxes from JTI-Mighty to P40 B in 2018 - Manila Bulletin

• Retailers seen to benefit from more disposable income with tax reform - Manila Bulletin

• Government defers rollout of new cigarette tax stampsGovernment defers rollout of new cigarette tax stamps - Philippine Star

• Foreign investors call for PEZA zero VAT retention - Manila Bulletin

• Athletes’ taxable income - Philippine Daily Inquirer

• Tax break for retirees - Philippine Daily Inquirer

• TMAP asks Senate to offer 8% tax rate only to small businesses - Business World

• TMAP urges retention of P250 K tax-exempt income level - Philippine Star

• Business groups urge retention of zero VAT for PEZA locators - Philippine Star

• BIR take up 11% in 9 months - Philippine Daily Inquirer

• BIR collections still fall short of target - Philippine Star

• Employee tax perks at stake - Philippine Star

• Understanding interest on intercompany foreign loans - Business World

• BIR tops P130.12-B Sept. collection target - Manila Bulletin

• AirAsia asks gov't to scrap travel tax, airport fees - Business World

• Tax reform, earnings in focus after record rally - Business World

• Gov't sees P24B in revenues from taxes on Mighty products - Philippine Daily Inquirer

• JT-Mighty to generate additional P24B from better tax compliance - Business World

• Gov't hopeful final tax reform package to meet revenue requirement - Philippine Daily Inquirer

• Making the tax system simpler, fairer and more efficient - Philippine Daily Inquirer

• Tax reform lifts US, Phl stocks to record highs - Philippine Star

• US data, tax reform developments push up yields on government debt - Business World

• World Bank cites success of PH 'sin' tax reform - Philippine Daily Inquirer

• DOF, DBM remain optimistic on tax reform bill - Manila Bulletin

• Group presses tax relief for poor - Manila Bulletin

• Carbon tax seen to boost dev't of renewable power - Philippine Star

• Former gov't execs favor DOF tax plan - Philippine Star

• Businessmen willing to take hit from tax reform - Philippine Star

• DOJ grants BIR motion to withdraw Mighty tax case - Philippine Star

• Duterte issues EO forming anti-corruption commission - Business World

• Tax reform legislation hurdles senate committee - Business World

• House Bill No. 5636 vs Senate Bill No. 1592: Which is the better ‘TRAIN?’ - Business World

• Espenilla says Tax reforms won’t require policy response from BSP - Manila Bulletin

• Tax reforms, the senators and their teachers - Manila Bulletin

• Stocks reach new high on sustained optimism - Philippine Star

• Ex-DOF secretaries urge Senate to preserve tax reform objectives - Manila Bulletin

• DOF, BIR say tax reform package to benefit millions of Filipinos - Manila Bulletin

• Senate TRAIN version to provide tax relief to 99% of taxpayers – Angara - Manila Bulletin

• Former officials back original DoF tax reform legislation - Business World

• Senate tax reform bill to generate under half of House bill’s revenue - Business World

• Senate version of tax reform to yield P59.9 B - Philippine Star

• Senate version to slow down infra plan - Philippine Daily Inquirer

• Senate seeks to retain perks for tech, BPO firms - Philippine Daily Inquirer

• BIR to enlist 6K medium taxpayers - Philippine Star

• BIR opens first ‘medium taxpayers service’ office in Quezon City - Business World

• Senate eyes tax reform bill’s approval this year - Manila Bulletin

• BIR to sanction firms evading eFPS system - Manila Bulletin

• Gulf states say goodbye to tax-free reputation - Manila Bulletin

• Senate eyes passage of tax reform bill, 2018 budget - Philippine Daily Inquirer

• US dollar, Phl peso recover - Philippine Star

• HB 5636: Philippine tax administration is going digital - Business World

• Bye bye, Build Build Build? - Business World

• 20% tax eyed on lotto winnings, cosmetic surgery - Philippine Star

• SSB tax to disrupt market balance – FPI - Philippine Star

• CREBA appeals plans to scrap VAT-exemption for housing - Manila Bulletin

September 2017

• Lack of TIN in BIR Form No. 2307 may lead to the denial of CWT refund - Philippine Star

• New Mighty owner short of tax stamps - Philippine Star

• Amendments to REIT law not happening soon - Manila Bulletin

• Anti-corruption, tax reform measures top LEDAC talks - Philippine Star

• CCPI outlines 6-pt agenda to support tax reform bills - Philippine Star

• Tax reform package on track for implementation in January - Philippine Daily Inquirer

• DOF eyes first tax reform signing in Dec. - Manila Bulletin

• DOF to further boost tax collection - Manila Bulletin

• DOF rejects Senate ‘select’ VAT-exemption - Manila Bulletin

• E-invoicing and real-time sales reporting under HB 5636 - Business World

• Property investment not subject to VAT - Business World

• Luxury cars’ prices to increase by a third with excise taxes - Manila Bulletin

• Senate committee OKs tax reform bill - Philippine Daily Inquirer

• When taxes become taxing - Manila Bulletin

• Milk, 3-in-1 coffee excluded from proposed sweetened beverage tax - Philippine Star

• REIT perks don’t guarantee reinvestment, Finance dep’t says - Business World

• BIR revises criteria for evaluating personnel subject to attrition - Business World

• Top 500 firms screened for tax compliance – BIR - Manila Bulletin

• Declines award Dominguez named East Asia Pacific’s top finance chief - Manila Bulletin

• DBM rejects BIR’s reorganization plan - Manila Bulletin

• Tax reform version in Senate up for approval - Business World

• BIR says tax refund backlog hits P24 billion - Business World

• BOI approves P55.9-M virgin coconut oil project in Bulacan - Manila Bulletin

• DoF flags legal pitfalls of Senate tax proposals - Business World

• How tax-healthy is your company? - Business World

• DOF to respect Senate version of tax reform - Manila Bulletin

• A critique of the UA&P studies on tax reform - Business World

• DOF delays submission of second tax reform package - Manila Bulletin

• Computerized acctg system for taxpayers - Philippine Star

• FEF airs support for tax reform plan - Philippine Daily Inquirer

• DOF turning up pressure on tax reform - Manila Bulletin

• Automation and artificial intelligence: What it means for every Juan - Business World

• BIR to expand lineup of agent banks in 2018 - Business World

• PH keen on AirAsia travel tax exemption proposal - Manila Bulletin

• LGUs not strong enough for shift to federalism - PIDS - Philippine Star

• Philanthrocapitalism - Philippine Star

• Tax treatment of compensation income of ADB Filipino employees - Philippine Star

• Tattoos, taxes, trains, and, terrorists - Business World

• Good news, bad news on ROROs - Philippine Star

• Handling your tax assessment: DIY or with a tax agent - Business World

• Advance rulings from the Bureau of Customs and the Tariff Commission - Business World

• Gov't to remain vigilant against cigarette smugglers - Dominguez - Philippine Star

• Sin tax collections seen at P150B in 2018 - Business World

• DoF hopes Senate panel meets end-Sept. target for tax reform - Business World

• After fake tax stamps, gov't now focusing on fake, smuggled cigarettes - Philippine Daily Inquirer

• Travel tax exemption for kids of solo parents, OFWs pushed - Manila Bulletin

• DOF expects higher sin tax collection in 2018 - Manila Bulletin

August 2017

• No real property tax hike this year, says Makati gov’t - Philippine Daily Inquirer

• Sonny Osmeña suspended as mayor over village tax share mess - Philippine Daily Inquirer

• Comparing overall versus mining taxes per hectare of land - Business World

• Dominguez urges US businessmen to invest in ‘Build, Build, Build’ program - Manila Bulletin

• Gov’t incurs P50.5-billion budgetary deficit in July - Manila Bulletin

• Maximizing benefits from ASEAN Free Trade Agreements - Business World

• Tax court grants smaller P17-M refund to Deutsche services unit - Business World

• With tax reform in place, PSEi seen hitting new highs - Philippine Daily Inquirer

• This is not about Facebook - Philippine Star

• Privatization of some Customs, BIR functions under study - Business World

• TRAIN for Build Build Build - Philippine Star

• How to optimize tax savings - Philippine Star

• PIDS-Tax reform bill must be passed as package - Philippine Star

• Tax take picks up in July but falls short - Business World

• BIR, Customs collections up sharply in July - Philippine Daily Inquirer

• BIR, BOC flunk collection targets - Philippine Star

• DOF tells Senate: Swap sugar tax for fuel tax - Philippine Daily Inquirer

• Gov’t offers to drop tax on beverages - Philippine Daily Inquirer

• Taxpayers’ guide vs excessive property taxation - Business World

• Senators consider softening excise tax on fuel - Philippine Star

• BIAP opposes excise tax on beverages - Philippine Star

• Dominguez willing to compromise on sugar tax - Philippine Star

• Del Monte paid government P65 M in tax liability - Philippine Star

• Improving the tax refund process - Business World

• BIR stops probe into assessment of Del Monte tax liabilities - Philippine Daily Inquirer

• PH to sign tax pact with Brunei - Philippine Daily Inquirer

• DoF backs private sector perks to attract more BIR personnel - Business World

• Tax issues on management fees to foreign corporations - Business World

• Evaluation measures for BIR, BoC to be revised - Business World

• VAT reforms on PEZA-registered locators - Philippiine Star

• Del Monte paid government P65 M in tax liability - Philippine Star

• Improving the tax refund process - Business World

• BIR stops probe into assessment of Del Monte tax liabilities - Philippine Daily Inquirer

• MICC to review mining taxation scheme after Duterte’s SONA targets industry - Business World

• Life term eyed for coddling tax evaders - Philippine Star

• MICC to review mining tax regime - Philippine Star

• Tax reform seen positive for stocks - Philippine Daily Inquirer

• Power co-ops seek tax exemption - Philippine Daily Inquirer

• Senators warn P6 tax on fuel inflationary - Philippine Daily Inquirer

• Back at 8,000 - Philippine Star

• Looming increase on excise tax keeps car buying sentiment high - Pihilippine Daily Inquirer

• Broad public support for tax reform cited - Manila Bulletin

• BIR cannot meet P1.8-T goal – taxmen - Manila Bulletin

• Breaking down the tax reform package - Philippine Daily Inquirer

July 2017

• DOF sees swift Senate OK of tax plan - Philippine Star

• Duterte's 2nd SONA - Philippine Star

• NREB forms panel to act on feed-in tariff issue for solar - Philippine Star

• DoF hopes tax reform implemented before 2018 - Business World

• Mining shares fall after Duterte threat to tax miners 'to death' - Business World

• BIR rift catches Duterte's attention - Philippine Daily Inquirer

• Tax reform, national ID top Senate priorities - Philippine Star

• Record tax settlement: Rody accepts Mighty's P25-B offer - Philippine Star

• Miners warned: Clean up or be taxed to death - Philippine Star

• A cry for the reform of the withholding tax system - Business World

• Mighty's P30-B settlement to wipe out revenue shortfall - Philippine Daily Inquirer

• Mighty offer needs PCC review - DOF - Philippine Star

• Application by analogy: The (un)favorble effect - Philippine Star

• Response to Winnie Monsod's criticism of TRAIN - Business World

• CTA junks P292-M tax demand vs energy firm - Business World

• Peso only currency to weaken in region - Philippine Daily Inquirer

• Mighty offer 'seems like a good deal' - DOF - Philippine Daily Inquirer

• Business watches SONA for reform tack - Business World

• Tax education for the revenue staff - Philippine Daily Inquirer

• DoF's Dominguez calls P25-billion Mighty settlement 'a good deal' - Business World

• Poster boy of tax reform - Philippine Daily Inquirer

• Tax reform, infra spending seen to lure investors - Philippine Star

• An antipoor tax package - Philippine Daily Inquirer

• Tax reform, federalism top Senate's 2nd regular session - Philippine Star

• PAL gets P302-M tax refund - Philippine Daily Inquirer

• DoF accepts initial payment for Mighty Corp. tax liability from acquirer JT International - Business World

• Monetary Board sees tax reform inflation impact only temporary - Business World

• State revenues rise in 1st half, still miss targets - Business World

• Mighty making P3.5-B initial payment to government - Philippine Star

• Customs collections up 21% to P211.8B in first six months - Philippine Daily Inquirer

• What the legislature grants, it can take away - Business World

• Not-so-common carriers tax - Business World

• European chamber wants status quo on car taxes - Philippine Daily Inquirer

• Del Monte Philippines says it paid P5.9B in total taxes from 2011-2013 - Business World

• Return of the BIR benchmarking program - Business World

• Individual liberty vs state coercion and taxation - Business World

• DoF to set up academy for tax bureaus - Business World

• Tariff on imported rice among Ledac priority bills - Philippine Daily Inquirer

• ECCP raises concerns over tax reform package - Philippine Star

• House to probe Del Monte's P29-B tax liability - Philippine Star

• Death tax - Philippine Star

• DOF to set up tax academy next year - Philippine Star

• No deal - Philippine Daily Inquirer

• Corporations abusing tax perks of co-ops, senators told - Philippine Daily Inquirer

• Fight corruption, simplify tax rules! - Philippine Star

• Cars selling briskly ahead of new tax setup - Philippine Daily Inquirer

• Implementation of tax stamps for alcoholic drinks to start in 2018 - Philippine Daily Inquirer

• DoF bares Mighty deal to settle tax liabilities - Business World

• Senators tackle removal of VAT exemptions - Business World

• Housing woes feared sans VAT exemption - Philippine Daily Inquirer

• New tax stamps for tobacco, alcohol due by October - Business World

• BIR to release redesigned cigarette tax stamps in Oct - Philippine Star

• Del Monte denies tax irregularities - Philippine Star

• Letter of Authority: Does it matter? - Philippine Star

• Sonny Dominguez on tax reform: ‘It’s now or never’ - Philippine Star

• Removal of tax perks may lead to relocation of regional MNC HQ - Philippine Star

• Excise tax on sugary drinks to protect poor families from serious ailments–DOF - Philippine Daily Inquirer

• BIR to release redesigned cigarette tax stamps in Oct - Philippine Star

• Toothless penalty? - Business World

• New tax stamps for tobacco, alcohol due by October - Business World

• BPO firms’ tax perks to stay under tax reform package, says finance exec - Philippine Daily Inquirer

• BPO tax perks stay, says DOF - Philippine Star

• BOI sees no cut in its tax perks - Philippine Daily Inquirer

• Del Monte denies tax evasion raps - Philippine Daily Inquirer

• BOI calls for broader incentives to improve Phl competitiveness - Philippine Daily Inquirer

• BIR racks up 40 cases of tax evasion this year - Philippine Star

• Why we should raise fuel taxes - Business World

• Overdue tax reform under way - Philippine Daily Inquirer

• Sectoral objections to tax reform - Philippine Daily Inquirer

• Tax reform seen to hit residential market hard - Philippine Star

• Just take it, it’s good for you - Business World

• A Letter Notice cannot substitute for a Letter of Authority - Business World

• DBM hoping for 2018 budget approval by October - Business World

• Peza says investments in first 6 months surged 71% to P120B - Philippine Daily Inquirer

• BMW sees sales spike despite higher tax - Philippine Star

• PWD employers get tax perks - Philippine Star

• Cabinet OK’s P3.767-trillion 2018 budget - Business World

• Corruption continues - Philippine Star

• Persons with disability: Tax benefits and privileges - Philippine Star

• Peza: P250-B local sales in peril if tax perk scrapped - Philippine Daily Inquirer

• PEZA warns of P250-B losses from VAT on local suppliers - Philippine Star

• Tax relief from losses - Business World

• Tax program won’t hurt poor–expert - Philippine Daily Inquirer

• Tax court rejects Iloilo firm’s P282-million case - Business World

• Best practices and remedies in handling customs tax audits - Philippine Star

• Traders oppose hike in Batangas port tariff - Philippine Star

• Travel goods get tax-free entry to US - Philippine Daily Inquirer

June 2017 (Cont.):

• IT-BPO firms buck move to scrap perks - Philippine Star

• VAT on BPOs threatens the property market - Business World

• Singapore sovereign wealth fund to get tax refund - Business World

• E-vehicle charging stations draw interest from foreign firms - Business World

• Reply to PAN and due process - Business World

• Campi insists on more tax brackets for vehicles - Philippine Daily Inquirer

• 5-mo BPO investments down 35% - Philippine Daily Inquirer

• 5-month budget gap eases to P63.6B - Philippine Daily Inquirer

• Finance dep’t urged to consult more before next tax package - Business World

• Embrace tax reforms as a package - Philippine Daily Inquirer

• Maintain incentives for locators — PEZA - Philippine Star

• Group slams PPA tariff hike - Philippine Star

• Lower VAT rate possible after tax overhaul — DOF - Philippine Star

• BIR urged: Audit MRT-3 maintainer - Philippine Star

• Fiscal position swings to deficit in May - Philippine Star

• Vehicle makers push for lower excise taxes - Philippine Star

• Mineral rent and taxation - Business World

• Tax reform won’t touch OFW remittances, DoF says - Business World

• OFW remittances not covered by tax reform package — DOF - Philippine Star

• Tax plan excludes OFWs - Philippine Daily Inquirer

• VAT on local suppliers seen forcing exporters to import - Philippine Daily Inquirer

• VAT on importing from within - Business World

• Sugar tax could leave PHL vulnerable to WTO complaints -- DFA - Business World

• Additional tax exemptions for PWD dependents - Philippine Star

• DOF airs concern over 2-tier tax on sugary drinks - Philippine Star

• Angara finds proposed excise tax on sweetened drinks too high - Philippine Daily Inquirer

• Additional tax exemptions for PWD dependents - Philippine Star

• DOF airs concern over 2-tier tax on sugary drinks - Philippine Star

• Angara finds proposed excise tax on sweetened drinks too high - Philippine Daily Inquirer

• Sugar tax could leave PHL vulnerable to WTO complaints -- DFA - Business World

• A response to Winnie Monsod - Business World

• DoF expects P433B more by fixing policy, plugging administration loopholes - Business World

• Tax court orders P761-million refund to San Miguel Brewery - Business World

• Senate mulls ‘fairer, more reasonable’ SSB tax - Philippine Star

• DOF bares proposal on nat’l ID system - Philippine Daily Inquirer

• Gov’t to give tax perks to cement manufacturing - Philippine Daily Inquirer

• Is it time to revive the estate tax? - Business World

• What’s in a name? Revisiting the doctrine on documentary stamp taxes and intercompany advances - Philippine Star

• Groups buck excise tax on salted products - Philippine Star

• Tax court orders P761-M refund to San Miguel unit - Philippine Star

• No lowering of taxes seen on non-life insurance - Philippine Star

November 2017 to January 2018       June 2017 and prior >>