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Recto counsels taxpayers: Heed April 15 deadline to avoid penalty

AHEAD of the April 15 deadline for filing and paying for the 2023 annual income tax, Finance Secretary Ralph G. Recto urged taxpayers to settle their taxes on time to avoid any penalties. In a statement on Thursday, Recto assured taxpayers that the government has made certain the filing and…

BIR did good job with ₱2 5-T 23 take, aims for ₱3T in 24 | Reine Juvierre S Alberto

TO meet the Bureau of Internal Revenue’s (BIR) P3-trillion revenue target in 2024, the Department of Finance (DOF) will support its ongoing modernization programs to enhance the processing of taxes, Finance Secretary Ralph G. Recto said. During the BIR’s 2024 National Tax Campaign, Recto told reporters on the sidelines that the…

PRIORITY TAX MEASURES: Add l revenues lower than estimates

PRIORITY TAX MEASURES: Add l revenues lower than estimates
malaya.com.ph - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from malaya.com.ph Daily Mail and Mail on Sunday newspapers.

Government to generate P200 billion in fresh revenues after passage of refined tax proposals

The government is seen to generate over P200 billion in fresh revenues from its “refined” tax proposals, the Department of Finance (DOF) said Friday. The refined priority tax measures of the DOF are the value added tax (VAT) on digital service providers (DSP); the imposition of excise tax on single-use plastics…

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