Part 17 One of the handy references for taxation information in the Asia Pacific region is the Asia Pacific Tax Hub (Tax Hub) of the Asian Development Bank (ADB). The Tax Hub is a comprehensive online platform that serves as a knowledge hub and resource center for tax-related information and…
LAWMAKERS approved last Tuesday a bill designating the motor vehicle (MV) and MV-component manufacturing industry as a priority sector and including it in the country’s “strategic investment priority plan,” or “Sipp.” The Sipp is the list of sectors that are qualified for tax perks under Republic Act (RA) 11534, or…
SIMPLIFYING and harmonizing the country’s tax structure on passive income and financial intermediary would cost the national government to lose P21 billion annually or a total of nearly P126 billion in six years, a finance official said. In his presentation before senators, Finance Assistant Secretary Karlo Fermin S. Adriano discussed…
Revenue loss due to PIFITA may hit P126 billion philstar.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from philstar.com Daily Mail and Mail on Sunday newspapers.