News Philippines Taxes: What the Marcos family's return means to democracy in the Philippines
The president-elect, Bongbong Marcos, and his running mate, Sara Duterte, hail from political dynasties with long histories of abuses of power.
News Philippines Taxes: BIR not extending tax filing deadline
MANILA, Philippines — The Bureau of Internal Revenue (BIR) will no longer extend the deadline for the filing of annual income tax returns (AITR), but will allow taxpayers to make changes to ...
News Philippines Taxes: Marcos Jr. leading Philippines adds new twist to storied relationship with US
The overwhelming victory of the namesake son of the late Ferdinand Marcos to a six-year term as president of the Philippines confronts U.S. diplomats and policymakers with an extremely tricky puzzle: how to begin to reconcile with the heir to a corrupt dictator in whose downfall the U.S. was complicit. And how can they hope…
News Philippines Taxes: Marcos family once ousted by uprising wins Philippines vote in landslide
Unofficial tallies show a landslide win in the Philippines election for the children of two strongmen, suggesting a population that has lost faith in liberal democracy.
News Philippines Taxes: Ferdinand Marcos Jr. wins presidential election in Philippines
Ferdinand Marcos Jr., the namesake son of former dictator Ferdinand Marcos, has won his election bid to become the president of the Philippines, according to reports.
News Philippines Taxes: Marcos, Duterte new Philippines president and vice-president
The son of the late dictator Ferdinand Marcos and the daughter of outgoing President Rodrigo Here is a look at the new president and vice president of the Philippines, who ran in separate races for ...
News Philippines Taxes: Philippines election winner Ferdinand Marcos Jr, 'Bongbong', tells world to judge him by actions, not family's
The son of the disgraced late Philippines dictator Ferdinand Marcos vowed on Tuesday ... that had sought to disbar Marcos from the presidential race based on a 1995 tax evasion conviction. Two of the ...
News Philippines Taxes: Austal shares sink on Philippines contract miss
Austal shares slumped after the Philippines Navy opted against handing the ship maker a contract, deepening investors’ concerns about its order book.
News Philippines Taxes: How Duterte changed the Philippines in six years of his presidency
After spending six years in the most challenging role as head of state and Commander in Chief, the 16th president of the Republic will retire to a more laid-back life (the 1987 Philippine Constitution ...
News Philippines Taxes: Moreno camp to strengthen social media campaign urging Marcoses to pay estate taxes
The camp of presidential hopeful and Manila Mayor Isko Moreno said Tuesday they will boost social media efforts to urge the Marcoses to settle ₱203 billion in unpaid estate taxes. [Translation: It's ...
News Philippines Taxes: Robredo: How can a candidate be against corruption without paying taxes?
'Pag nagsabi pong galit ako sa korapsyon, tanungin natin, nagbabayad ba 'yan ng tamang buwis?' presidential candidate VP Leni Robredo says.
News Philippines Taxes: Escudero: Gov’t must not resort to new, higher taxes to pay PH debt
Senatorial candidate Francis Escudero is urging the national government not to resort to imposing new and higher taxes to settle the country’s debts as Filipinos are still reeling from the impact of ...
News Philippines Taxes: DOF: Philippines readying tax measures to pay for COVID-19 response
With only a few more months left for the current administration, Finance Secretary Carlos Dominguez III on Tuesday said the Department of Finance (DOF) is preparing its fiscal consolidation proposal which will likely improve tax hikes to repay the country’s increasing debt. Speaking before the Financial Executives Institute of the Philippines (FINEX), Dominguez said the proposal will include measures which would generate revenues for the country...
News Philippines Taxes: VP aspirants pitch price controls, excise tax suspension as pump prices rise
Since the start of the year, local oil firms reported that gasoline prices posted a net increase of P8.75 per liter; diesel rose to P10.85 per liter and kerosene went up by P9.55 per liter.
News Philippines Taxes: Philippines Tax Agency Clarifies Tax-Free Property Exchanges Under CREATE Act
The Philippine Bureau of Internal Revenue Feb. 4 issued Revenue Memorandum Circular No. 19-2022, clarifying tax-free exchanges of property under the Corporate Recovery and Tax Incentives for Enterprises (CREATE) Act. ...
News Philippines Taxes: Philippines activists ready for long battle to keep Marcos from power
Complainants failed to convince the Commission on Elections (COMELEC) to disqualify Marcos, 64, the son and namesake of the late Philippines dictator, on the grounds of his decades-old conviction for ...
News Philippines Taxes: Philippines: Petitioners Threaten to Take Marcos Electoral Case to Supreme Court
The petitions against the son, known widely in the Philippines as “Bongbong,” stemmed from his past conviction for a tax violation. In 1995, he was found guilty of four counts of tax evasion. The ...
News Philippines Taxes: Philippines ‘Bongbong’ clears major hurdle in presidency bid; tax evasion accusations dismissed
Opposition figures and torture victims during the Marcos regime had asked the commission to exclude the younger Marcos, 64, from the ballot due to his 1995 conviction for failing to pay taxes and file ...