Sunday, December 28, 2025
Today's Print

Tag: taxes

DOF backs bill extending estate tax amnesty to 2028

The Department of Finance (DOF) is supporting House Bill 6614, which proposes extending the Estate Tax Amnesty until Dec. 31, 2028. The move is aimed...

Taguig-ECPay tie-up relaxes tax payment

The Taguig City government has entered into a partnership with Electronic Commerce Payments, Inc. (ECPay) to introduce a more accessible and efficient payment system...

Study: Weak enforcement fuels illicit cigarette trade, not high taxes

Weak enforcement and government lapses, not high tobacco taxes, are the main drivers of the illicit cigarette trade in the Philippines, according to a...

Toyota Motor Philippines paid P24 billion in duties and taxes in first half of 2025

Toyota Motor Philippines Corp. (TMP) paid P24.09 billion in duties and taxes in the first half of 2025, a 29-percent increase from P18.67 billion...

Tax on savings earnings draws fire from militants solons

The law imposing taxes on interest on savings and time deposits has stirred up opposition, with critics claiming that the Capital Markets Efficiency Promotion...

DOF studies higher online gambling taxes

The Department of Finance (DOF) is considering stricter regulations and potentially higher taxes on online gambling, according to Finance Secretary Ralph Recto. Recto said the...

OceanaGold PH contributed P28b to gov’t since 2012

OceanaGold (Philippines) Inc. (OGP) has contributed approximately P28 billion to the Philippine government since 2012 through taxes, remittances and community development funding, highlighting the...

Senate panel seeks hike in vape, tobacco taxes

Smuggling and rising vape use among adolescents prompted the Senate to press for higher excise taxes on tobacco and vapor products, Senator Sherwin Gatchalian...

BIR creates task force to audit social media influences for tax payments

The Bureau of Internal Revenue (BIR) has created a task force to audit social media influencers for tax registration compliance and tax payments. Lawyer Ron...

The Curious Case of Metro Manila’s Missing Luxury Car Taxes

The sudden appearance, and equally swift disappearance, of news regarding seized luxury cars in Metro Manila showrooms has left many scratching their heads. One...

DigiPlus settles over P33-b taxes, regulatory fees

DigiPlus Interactive Corp., the company behind BingoPlus, ArenaPlus, SpinPlus and GameZone, said Tuesday it paid P33.7 billion in taxes and regulatory fees in 2024,...

DigiPlus pays over P33 billion in taxes, regulatory fees

DigiPlus Interactive Corp., the company behind BingoPlus, ArenaPlus, SpinPlus and GameZone, said it paid P33.7 billion in taxes and regulatory fees in 2024, making...

Makati exceeds 2024 revenue target by 31%—Binay

The Makati City government surpassed its 2024 revenue target by 31 percent, achieving a total of P24,151,652,347.20. According to the official report from the City...

BOC says collections hit P784.5b

The Bureau of Customs (BOC) has collected P784.54 billion in duties and taxes from January to October 2024. In a statement, the bureau said that...
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