Live Breaking News & Updates on Paola Alvarez

Stay updated with breaking news from Paola alvarez. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.

DOF on Marcos estate tax: BIR cutting through issues to do job

The Department of Finance and the Bureau of Internal Revenue is still keen on collecting all taxes, in response to reports claiming that heirs of the late dictator Ferdinand Marcos could not be compelled to pay P203 billion in estate taxes.   ....

Pasay City , United States , Ferdinand Bongbong Marcos Jr , Bongbong Marcos , Aquilino Koko Pimentel , Paola Alvarez , Victor Rodriguez , Ferdinand Marcos , Bureau Of Internal Revenue , Senate Resolution , A Supreme Court , Internal Revenue , Finance Assistant Secretary Paola Alvarez , President Marcos , Supreme Court , Carlos Dominguez Iii , Marcos Estate Tax , Leksyon 2022 ,

Other BPO firms moving away from PEZA to continue WFH setup — DOF

Other BPO firms moving away from PEZA to continue WFH setup — DOF
cnnphilippines.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from cnnphilippines.com Daily Mail and Mail on Sunday newspapers.

Metro Manila , Philippines General , Paola Alvarez , Arcy Parayno , Industry Employee Network Pilipinas , Philippine Economic Zone Authority , Assistant Secretary Paola Alvarez , Employee Network Pilipinas ,

Solons press gov't to suspend fuel taxes amid soaring oil prices

(File photo) MANILA - Lawmakers at the House of Representatives on Wednesday continued to push for the suspension of fuel taxes to ease the impact of soaring oil prices, even as the government preferred subsidies over excise tax suspension. Quezon City Rep. Precious Castelo led the filing of House Resolution 2529, which urged President Rodrigo Roa Duterte to intervene in the "fuel crisis" faced by the country The resolution also urged Duterte to support proposals to temporarily suspend excise taxes on petroleum products to temper the "overwhelming" price increase amid Russia's invasion of Ukraine and the ongoing coronavirus pandemic. Deputy Speaker Rufus Rodriguez said the suspension of fuel taxes would give Filipino instant relief from soaring prices of gasoline, diesel and other oil products. Rodriguez has filed a bill to suspend fuel taxes for four years up to 2025. He said those in the public transportation sector who are beneficiaries of the government' ....

Rufus Rodriguez , Paola Alvarez , Rodrigo Roa Duterte , Department Of Budget , Precious Castelo , House Resolution , President Rodrigo Roa Duterte , Speaker Rufus Rodriguez , Ile Photo Manila Lawmakers At The House Of Representatives On Wednesday Continued To Push For Suspension Fuel Taxes Ease Impact Soaring Oil Prices , Ven As The Government Preferred Subsidies Over Excise Tax Suspension Quezon City Rep Precious Castelo Led Filing Of House Resolution 2529 , Hich Urged President Rodrigo Roa Duterte To Intervene In The Quot Fuel Crisis Faced By Country Resolution Also Support Proposals Temporarily Suspend Excise Taxes On Petroleum Products Temper Overwhelming Price Increase Amid Russia 39s Invasion Of Ukraine And Ongoing Coronavirus Pandemic Deputy Speaker Rufus Rodriguez Said Suspension Would Give Filipino Instant Relief From Soaring Prices Gasoline , Iesel And Other Oil Products Rodriguez Has Fileda Bill To Suspend Fuel Taxes For Four Years Up 2025 He Said Those In The Public Transportation Sector Who Are Beneficiaries Of Government 39s Targeted Financial Assistance Program Feel That Such Help Is Not Enough Quot They View Shelving Excise Whenever Cost Crude High Would Be More Meaningful Have An Across Board Impact On Population , Uot He Said , Dmitted That The Tax Suspension Proposal Would Meana Revenue Loss On Part Of Government Quoti Can Understand Where Dof Department Finance Is Coming From But Only Temporary Since Collection Will Resume Once Price Crude Oil Goes Down Besides , He 12 Percent Value Added Tax Will Still Be There , Nd Vat Value Added Tax Revenues Will Increase Due To The Higher Price Of Crude , Uot He Said Pointed Out That The Additional Vat Income Will Partly Offset Revenue Loss From Suspension Of Excise Taxes Added Government Could Impose Mandatory Savings To Recoup Lost Revenues Quot It 39s Obvious Every Filipino , Rich Or Poor , Ill Benefit From It In Fact , I Believe That It Will Havea Greater Impact On The Poor Than Rich , Uot He Said The Department Of Budget And Management Last Week It Would Initially Givea Php500 Monthly Allowance To Poor Families But Later Reduce Amount Php200 Has Also Earmarked Php3 Billion For Fuel Subsidies Transport Agricultural Workers Rejected Calls Suspension Excise Taxes On According Dof Undersecretary Paola Alvarez , He Government Prefers Targeted Subsidy Over The Suspension Of Excise Tax On Fuel Products Because Latter Hasa Long Term Negative Impact Revenues And Economy Alvarez Said Consumption Those Belonging To Higher Bracket Society Has Bigger Share At Around 48 8 Percent While Lower Income Households 39 Is 13 Thus , Uspension Of The Excise Tax On Fuel Products Will Benefit Higher Income Households But Is Detrimental To Government Through Lower Collection , N Turn , Ill Impact The Poor Since Government Will Have Lesser Funding For Its Social Services Program , He Said Pna ,