No more punitive charges on delinquent taxpayers
BusinessMirror. - 2018-02-14
According to DOF Undersecretary Antonette C. Tionko, a taxpayer who pays deficiency tax beyond the due date set by the Bureau of Internal Revenue (BIR) is charged twice: first with a 20- percent annual deficiency interest that accrues from the date of the ...

TRAIN law compliance: Excise tax on automobiles
BusinessMirror. - 2018-02-14
Within the context of Philippine taxation, automobiles are, by and large, subject to excise tax. This means that whenever an automobile is imported (or is locally manufactured and, eventually, taken out of the factory), the person liable must pay the ...

Bus operators seek fare hike
CNN Philippines - 2018-02-14
The petition cited that the implementation of the Tax Reform Acceleration and Inclusion Program in ... "That foregoing increases in operational costs attendant to the business of public mass transportation have effectively negated the previous fare ...

Taylor Swift Shakes Off Copyright Lawsuit after Dismissal
Popcrush - 2018-02-14
"While the Court is extremely skeptical that Plaintiffs will - in a manner consistent with Rule 11 - be able to rehabilitate their copyright infringement claim in an amended complaint, out of an abundance of forbearance it will give Plaintiffs a ...

What the Supreme Court says about love
Rappler - 2018-02-14
There is also injustice in sex, as the Supreme Court declared in Tsoi vs Court of Appeals. The High Court declared null and void a marriage based on the complaint of the wife that they were not having sex. Justice Justo Torres Jr said: "Love is useless ...

Roque to resign if Congress approves anti-fake news bill
Philippine Daily Inquirer - 2018-02-13
Presidential Spokesperson Harry Roque has vowed to resign once Congress passes a bill against fake news, and challenge its constitutionality before the Supreme Court (SC). Referring to Senate Bill No. 1942 or the proposed Anti-Fake News Act, Roque said ...

Gov't issues exemptions to ban on Kuwait-bound workers
CNN Philippines - 2018-02-13
Meanwhile, the Bureau of Immigration (BI) is keeping a close watch on airports and seaports to enforce the ban. Immigration Commissioner Jaime Morente on Tuesday said he has directed the bureau's port operations division chief Marc Red Mariñas to ...

116 repatriated OFWs arrive from Kuwait
Business World - 2018-02-13
The President was joined by Overseas Workers Welfare Administration (OWWA) Administrator Hans Leo J. Cacdac, Department of Labor and Employment (DoLE) Secretary Silvestre H. Bello III, and Department of Foreign Affairs (DFA) representatives. OWWA also ...

BBL should ensure wise fiscal spending in Bangsamoro - Dominguez
Rappler - 2018-02-13
MANILA, Philippines - Finance Secretary Cesar Dominguez said the proposed Bangsamoro Basic Law should ensure "fiscal discipline" for the Bangsamoro region. Dominguez said any proposed funding scheme in the BBL, which seeks to abolish the Autonomous ...

SC justices: Sereno's failure to submit SALN should have disqualified her application as CJ
CNN Philippines - 2018-02-13
Story updated to include statement of Chief Justice Maria Lourdes Sereno's camp. Metro Manila (CNN Philippines, February 12) -- Two Supreme Court justices said embattled Chief Justice Maria Lourdes Sereno should not have been included in the list of ...

Objectionable characteristics of excise taxes
thestandard.com.ph - 2018-02-13
That is the effect of indirect taxation­--taxes on what people buy rather than on what they earn--at the level of the individual. Its effect at the level of the economy as a whole is arguably even worse. The problem--and the risk--associated with ...

Solon wants probe into gov't agencies that overlooked slain OFW case
CNN Philippines - 2018-02-12
Metro Manila (CNN Philippines, February 12) -- The House of Representatives should look into the government agencies that should have investigated the case of overseas Filipino worker Joanna Demafelis, a congressman said Monday. ACTS OFW Party-list ...

Roque to resign if Senate bill on fake news becomes a law
CNN Philippines - 2018-02-12
Metro Manila (CNN Philippines, February 13) -- Presidential Spokesperson Harry Roque said he will resign from his post and turn to the Supreme Court if the Senate bill penalizing government officials for spreading fake news will be passed. "I promise that ...

ERC to clear 61 pending rulings during TRO on suspensions
Business World - 2018-02-12
THE Energy Regulatory Commission (ERC) will be issuing rulings on 61 pending cases within the 60-day period when its four commissioners are back at work in compliance with a Court of Appeals (CA) temporary restraining order (TRO) on their suspensions.

Devanadera hails CA order to freeze suspension of 4 ERC commissioners
BusinessMirror. - 2018-02-12
The ERC commissioners were suspended for restating the effectivity of its resolution on the CSP, but the CSP is still pending with the Supreme Court and the ERC commissioners must be accorded with substantial due process. By substantive due process ...

DOLE tackles key maritime industry issues
Global Nation - 2018-02-12
The maritime industry of the Philippines has been receiving its fair share of tirades during the past months. This started with the unfortunate incident that happened with MV Mercraft 3 which killed at least 8 people plus the issue on the shipboard ...

Philippines bans workers' deployment to Kuwait
Rappler - 2018-02-12
Labor Secretary Silvestre Bello III signed an administrative order enforcing the ban on Monday. According to the order, the ban is being implemented "in pursuit of national interest and advent of series of reports involving abuses and deaths of Filipinos ...

STANDPOINT | Kodao, Rappler, Vera Files and the ongoing assault on the media
Davao Today - 2018-02-12
Teodoro, chairperson of AlterMidya and former dean of the University of the Philippines College of Mass Communication ... and the upper levels of the bureaucracy unchecked by such State institutions of checks and balances as the Supreme Court and the ...

Tax amnesties to complete Package 1 of TRAIN
Inquirer - 2018-02-11
Both the House of the Representatives and the Senate are on marathon hearings to pass two tax amnesty bills--an estate tax amnesty and a general tax amnesty covering all taxes--both bills being a component of Package 1B, which will complete Package 1 of ...

SC martial law ruling 'enables rise of an emboldened authoritarian' - Leonen
Rappler - 2018-02-11
MANILA, Philippines - The recent Supreme Court ruling that upheld the constitutionality of President Rodrigo Duterte's re-extension of martial law in Mindanao "enables the rise of an emboldened authoritarian," Associate Justice Marvic Leonen said in a ...

Family of slain OFW in Kuwait had no idea she was maltreated
CNN Philippines - 2018-02-10
Metro Manila (CNN Philippines, February 10) -- Ever since Joanna Daniela Demafelis flew to Kuwait in 2014 to work as an overseas Filipino worker, her family got to talk to her only thrice a year. Their rare phone calls lasted only a few minutes, Joyce ...

DOST-NCR adopts Conga Creek in Taguig City
Philippine Information Agency - 2018-02-10
TAGUIG CITY, Feb. 7 (PIA) -- The Department of Science & Technology-National Capital ... The agency has a regional office in all 16 regions and has an information center in 72 provinces across the Philippines.

Mildly Satisfied, Still Grumpy: Grumpy Cat Prevails over Infringers
JD Supra - 2018-02-09
Celebrity kitty Tardar Sauce aka "Grumpy Cat" (or, rather, the entity that owns rights to the GRUMPY CAT brand) has prevailed on its claims of breach of contract and trademark and copyright infringement against a beverage company for exceeding the ...

WATCH | SC TRO halts Mamasapano proceedings, including deferred Aquino arraignment, at Sandiganbayan
interaksyon.com - 2018-02-09
MANILA - The Supreme Court on Friday issued a temporary restraining order, effectively halting proceedings at the Sandiganbayan special anti-graft court related to cases of graft and usurpation of authority against former president Benigno Aquino III ...

Olympic games well covered by Intellectual Property
Lexology - 2018-02-09
The Winter Olympic Games in PyeongChang, South Korea, have just started. For two weeks athletes around the world will do their very best to represent their countries. But what about intellectual property at the games? The Olympic rings are well-known to ...

Selling up close and personal
Inquirer - 2018-02-08
Avon Philippines has raised P24 million to support the breast cancer crusade with beneficiaries such as the Avon Philippine General Hospital Breast Care Center ... "It requires putting out the fires. I wake up with an issue in South Africa.

Charter panel targets Sona as due date for changes preview
The Standard - 2018-02-08
If they are convinced, fine, and if they are not, then too bad." The committee, headed by former Supreme Court chief justice Reynato Puno, agreed that the members would meet Mondays to Fridays until July at the Philippine International Convention Center ...

EO on contractualization due by March -- DoLE
BusinessWorld Online - 2018-02-08
"He said he will study it first. Both of us will study it before he signs it," Mr. Bello said. Philippine Airlines Employees Association (PALEA) president Gerry Rivera said his group is disappointed by the delay. "It would have been good if we had ...

Moreno remains Cagayan de Oro mayor as CA stops dismissal
Rappler - 2018-02-08
CAGAYAN DE ORO, Philippines - Oscar Moreno remains the mayor of Cagayan de Oro after the Court of Appeals 22 nd Division Mindanao Station issued a temporary restraining order and a status quo ante order on the Ombudsman's latest ruling to dismiss him ...

DOF: 6 million employees now tax-exempt
Inquirer - 2018-02-08
The Department of Finance on Wednesday reiterated that the Tax Reform for Acceleration and Inclusion (TRAIN) Act not only benefited employees receiving annual pay of P250,000 amid a higher tax-exempt cap, but also those with yearly taxable income of up ...

No info yet on potential jobs in China for Filipinos - POEA official
CNN Philippines - 2018-02-07
Metro Manila (CNN Philippines, February 8) -- Despite news that there were thousands of job opportunities available in China for Filipino workers, an official of the Philippine Overseas Employment Administration (POEA) said they still need to get more ...

Superfluous tax incentives: Make it real
BusinessWorld Online - 2018-02-07
During the road show of the Bureau of Internal Revenue (BIR) introducing BIR Form 1702-MX in February 2013, one question raised during the open forum was the significance of Schedule 2 -- Tax Relief Availment. The BIR resource speaker explained then that ...

Coca-Cola PH laying off workers
Inquirer - 2018-02-06
Coca-Cola Femsa Philippines Inc. said that it had decided to cut down on workers amid changes in the beverage industry and the business environment, calling it a "very difficult decision." In a statement to the Inquirer, the company behind the popular ...

BIR ordered to investigate Sereno for alleged tax evasion
CNN Philippines - 2018-02-06
Metro Manila (CNN Philippines, February 7) -- The Bureau of Internal Revenue (BIR) on Wednesday said it will begin investigating Chief Justice Maria Lourdes Sereno's alleged failure to pay taxes. BIR Deputy Commissioner for Operations Arnel Guballa made ...

Contractualization issue unites labor factions
Business Mirror - 2018-02-06
While the contractualization issue has polarized employers and employees, it also bonded moderate and labor groups that they are staging a joint rally today (Wednesday) to press President Duterte to choose the executive order (EO) they prefer over the ...

BIR: No more special tax rates for workers of regional HQs; MNCs appeal their case
interaksyon.com - 2018-02-06
MANILA - The Bureau of Internal Revenue (BIR) has issued a reminder that employees of regional operating headquarters of multinational firms, including those in business process outsourcing, will no longer enjoy special personal income tax rates as a ...

Jordanian national nabbed for illegal recruitment in Dumaguete
Rappler - 2018-02-06
"It's an appeal to the public: before talking to any alleged agency, clear it first with the POEA (Philippine Overseas Employment Administration) and know whether the agency you are talking to is a legitimate agency and if they have any existing license ...

Tax incentives law amendments pushed under tax reform package 2
Inquirer - 2018-02-05
At present, reporting of foregone revenues from incentives covering value-added tax and local business taxes are not covered ... only to grant tax subsidies to state-run corporations and government offices. Last month, Finance Undersecretary Karl Kendrick ...

BIR scraps special tax rate for RHQ staff
Philstar - 2018-02-05
MANILA, Philippines -- The government has scrapped the preferential tax rate for employees of reqional headquarters (RHQs) and regional operating headquarters (ROHQs) of multinational companies despite the strong uproar from foreign chambers of commerce.

Tax bureau suspends audits for now
BusinessWorld Online - 2018-02-05
The Bureau of Internal Revenue wants to make sure its officers stick to the 180-day deadline to complete audits. -- BW FILE PHOTO THE BUREAU of Internal Revenue (BIR) has suspended investigations of taxpayers, saying yesterday it needs to review policies ...

Cash-for-work scheme helping Mayon evacuees earn
CNN Philippines - 2018-02-05
The Department of Labor and Employment (DOLE) has implemented the "Tulong Pangkabuhayan sa Displaced Workers" program or TUPAD, wherein evacuees earn P290 per day sweeping rooms, taking out the trash, and doing some construction work in evacuation centers.

CA reaffirms Ombudsman order against ex-MRT chief Vitangcol
Rappler - 2018-02-04
MANILA, Philippines - The Court of Appeals (CA) rejected the petition of former Metro Rail Transit Line 3 (MRT3) general manager Al Vitangcol III to reverse an earlier Office of the Ombudsman order that found him administratively liable for alleged ...

New leader to take the helm at U.S. Federal Reserve
Rappler - 2018-02-04
WASHINGTON DC, USA - Jerome "Jay" Powell, the Republican former investment banker tapped by President Donald Trump to lead the US Federal Reserve, will take the reins of monetary policy starting Monday, February 5. Perhaps the wealthiest Fed chair ever ...

CA affirms administrative raps vs. ex-MRT exec Vitangcol
interaksyon.com - 2018-02-04
The Court of Appeals in Manila. PHIL.STAR FILE PHOTO MANILA - The Court of Appeals (CA) upheld its earlier decision affirming the order by the Office of the Ombudsman finding former Metro Rail Transit Authority (MRTA) general manager Al Vitangcol III ...

PH nonprofit groups hop on the cloud to cut cost, simplify operations
Newsbytes Philippines - 2018-02-04
The Zuellig Family Foundation (ZFF), the Philippine Council for NGO Certification ... Bringing together advocates and practitioners from allied fields including social science, architecture and IT, GKI is building a data platform and map of Philippine ...

Pitoy Moreno: From Tondo to the world
Inquirer Lifestyle - 2018-02-04
Both siblings went to public schools from their elementary grades until college at the University of the Philippines (UP ... Virgie assured him that his J. Moreno Foundation Inc. would carry on where he left off and would continue to support his projects.

Small businesses not exempted from anti-trust rules -- experts
interaksyon.com - 2018-02-04
Quimbo, commissioner at the anti-trust body Philippine Competition Commission, said that only 11% of MSMEs are aware of the Philippine Competition Act or Republic Act No. 10667, citing a survey by the Asian Institute of Management. "Small businesses ...

Power sector in limbo
Business Mirror - 2018-02-03
Semirara Mining and Power Corp. Chairman Isidro Consunji also shared the same concern. "We hope ERC issues are resolved so it can function properly. So much has to be done. Otherwise another crisis in the next five years or so," Consunji said in a text ...

DOF open to VAT reduction
Philstar - 2018-02-02
Finance Undersecretary Antonette Tionko said the Bureau of Internal Revenue (BIR) still has P35 billion worth of tax refunds yet to be paid as of Dec. 31, 2017. Business ( Article MRec ), pagematch: 1, sectionmatch: 1

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