More articles about: Tax

 
Share
It was inevitable.
Well, we all knew it was coming. A report by CNN Philippines says that the Department of Finance (DOF) is warning consumers to expect higher fuel excise in the coming weeks.This comes off the heels of last year's drama, where the DOF ...
 
18 Shares
The Senate gets credit (or blame) for easing excise taxes on luxury vehicles. What will it cost them if they buy the same cars this year?
One of the oddest outcomes of the Tax Reform for Acceleration and Inclusion (TRAIN) Law, which came into effect last January 1, 2018, was the lopsided impact of the new tax law on low-priced and high-end vehicles.While the new law increased the ...
 
13 Shares
The TRAIN law adds 6 pesos or 12 pesos per liter on sweetened beverages.
Among the most important provisions of the Tax Reform for Acceleration and Inclusion (TRAIN) law, which took effect January 1, are taxes on sweetened beverages. Section 47 of Republic Act No. 10963 levies a tax of P6 per liter on sweetened beverages ...
 
12 Shares
Cars currently costing P2 million or more may see future prices fall, says an economics policy studies group.
When the Department of Finance first released its early proposals for comprehensive tax reforms earlier this year, many in the automotive industry were fearful the proposed excise taxes on motor vehicles may dampen demand for automobiles, especially luxury cars. The DOF proposals, ...
 
3569 Shares
Find your approximate monthly salary and your monthly income tax.
The tax reform bill signed into law by President Duterte this week affects Filipinos in two ways: First, it significantly slashes taxes across all income brackets, and second, it increases taxes on various goods and services. The following are simplified summaries of ...
CONNECT WITH US
Close