Category : Search result: staggered tax implementation


Three Bettors Win Multi-Million Peso Lotto Jackpots

Three lucky Filipinos from Laguna, Bulacan, and Quezon City are now multimillionaires after winning the Super Lotto 6/49 and Lotto 6/42. Discover the winning numbers and how the PCSO uses funds for charity.

Davao City Council Approves New Investment Code

Davao City Council passes amendments to its 31-year-old Investment Code, expanding tax breaks for MSMEs and defining Priority Investment Areas to attract modern businesses. Learn about the new incentives.

Mandaue City Enacts Phased Business Tax Increase

Mandaue City starts a 5% business tax increase in 2026, with another 5% in 2027. Officials cite legal mandate and aim to balance revenue needs with business relief. Learn how this affects local enterprises.

DHSUD Proposes CIT Exemption for Economic Housing

The DHSUD and DTI-BOI are reviewing a plan to classify economic housing as tax-exempt mass housing under BP 220. This aims to speed up affordable home development and provide clearer incentives for private developers in the Philippines.

P1.2M smuggled cigarettes seized, 3 arrested

Law enforcement operations in Zamboanga Peninsula and Soccsksargen lead to three arrests and the confiscation of P1.2 million worth of smuggled cigarettes. Details on the separate busts here.

Cebu City Offers Tax Relief for Typhoon-Affected Businesses

Cebu City Treasurer's Office recommends tax relief for businesses impacted by Typhoon Tino for 2026 computations, but clarifies it cannot waive penalties without a city ordinance. Learn about the proposal and its legal basis.

PhilHealth to Receive Record P113B Subsidy in 2026

The DBM commits to timely fund release for PhilHealth's P113B 2026 subsidy, the largest single-year investment for poor Filipinos' healthcare, backed by sin taxes and restored SC funds.

Bacolod OKs P4.75B 2026 Budget with P300M Hike

Bacolod City Council unanimously approves a P4.75 billion budget for 2026, a P300 million increase. Funds target health, social services, and revenue generation. Read the details.

Tax Break for Special Needs Families Filed in Congress

Pampanga Rep. Carmelo 'Pogi' Lazatin Jr. files HB 6504, seeking a ₱50,000 tax deduction for parents of CSNs/YSNs to cover therapy, education, and medical costs. Learn about the bill's details and its potential impact on Filipino families.

Cebu City Launches Digital Payment System for Taxes

Cebu City Hall introduces digital payment options for taxes, fees, and obligations through mobile phones. The new ordinance promises faster transactions and 24/7 access to government services.

Porac Quarry Operations Resume December 5

Porac sand and gravel quarry operations resume December 5 after temporary suspension. Association confirms independent decision amid ecological tax dispute with local government.

BIR Commissioner Targets LOA Abuse Punishment

New BIR Commissioner Charlito Mendoza pledges action against employees exploiting Letters of Authority. Taxpayers urged to report abuses directly. Ongoing investigation follows Senate resolution.

BIR Suspends Field Audits, Cebu Businesses Relieved

Cebu's business community welcomes the suspension of BIR field audits, a move providing relief from compliance pressures and aiding post-calamity recovery. Learn more about this positive development.

Porac Quarry Halt Risks P40M in Pampanga Revenue

Quarry operations in Porac are halted due to a new ecological tax dispute, risking ₱40 million in revenue. The association has stopped work for up to two weeks. Learn the latest on this Pampanga issue.

P16-B Tax Evasion Case vs Ex-DPWH Officials

Former DPWH officials in Quezon City confront massive tax evasion allegations involving P16 billion in undeclared contracts. BIR takes legal action for willful tax violation.

BIR Updates Tax Rules for Exempt Vehicle Transfers

The Bureau of Internal Revenue updates tax treatment for previously exempt vehicles when transferred to new owners. Learn how this affects government, diplomatic, and international organization vehicles.

Senator Seeks to Abolish Philippine Travel Tax

A bold legislative proposal seeks to eliminate the Philippine travel tax, potentially making international travel more affordable for tourists and overseas Filipino workers while boosting tourism competitiveness.

BIR Raid Nets ₱1.3M Untaxed Cigarettes in Cebu

In a major enforcement operation, BIR agents confiscated over 2,000 packs of untaxed cigarettes worth ₱1.3 million from a Mandaue City warehouse, cracking down on tax evasion.

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