More articles about: taxes

 
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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 ...
 
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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 ...
 
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President Duterte just needs to sign the bill and it will take effect 15 days later.
With the ratification of the reconciled version of the Tax Reform for Acceleration and Inclusion (TRAIN) bill by the two houses of Congress on Dec. 13, the government moves closer to its promise to sharply lower personal income taxes next year. The ...
 
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The tentative new tax isn't going easy on the beauty industry.
Beauty comes with a price, and its price in the Philippines just got steeper. The Senate has filed a bill to reform the Tax Reform for Acceleration and Inclusion (TRAIN) that includes excising an additional 20 percent of taxes on cosmetic surgery. Under section ...
 
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The new tax is pretty steep.
Beauty comes with a price, we always hear, and its price in the Philippines just got a little steeper. The senate has filed a bill to reform the Tax Reform for Acceleration and Inclusion that includes excising an additional 20 percent of taxes on ...
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