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VAT
Rules on tax perks for firm-based training, Adopt-a-School clarified
The Bureau of Internal Revenue (BIR) has issued a clarificatory revenue memorandum circular (RMC) to clear up confusion over tax exemptions and incentives for...
Exporters urge VAT cut on fuel, power amid Middle East tensions
Exporters are urging the government to consider reducing the 12-percent value-added tax (VAT) on fuel and electricity as escalating tensions in the Middle East...
Amendments on TRAIN Law is expected as Senate starts hearings
In the midst of uncertainties on the oil prices in the global market, where in Dubai oil price dropped at 2.9 percent to $80.188...