The chairman of the House Ways and Means Committee on Monday requested the Bureau of Internal Revenue to create a Medium Taxpayer Service and a Digital Taxpayer Service in connection with ongoing efforts to tax foreign vendors of digital services. During the committee hearing on the taxation of online transactions of nonresident foreign corporations (NRFCs), Albay Rep. Joey Salceda said a digital tax unit under the BIR may be necessary to cover mainly online transactions to consolidate all undertakings, information, and representation. “Please relay my request to Commissioner (Caesar) Dulay that the BIR create a Medium Taxpayer Service for enterprises
The Visayas field office of the Department of Energy (DOE) on Monday issued an advisory urging the public to report fuel hoarding in the light of the impending oil price increases brought by the crisis in Ukraine. Lawyer Russ Mark Gamallo, DOE-Visayas director, warned hoarders on the provisions of Department Circular (DC) 2017-11-0011, the Revised Retail Rules Governing the Business of Retailing Liquid Fuels and DC 2014-01-0001, which is the Liquefied Petroleum Gas (LPG) Industry Rules. Gamallo said Section 2(H) of Presidential Decree 1865 that amended Batas Pambansa 33 also prohibits retail outlets from hoarding fuel “before a price increase
An inventory will be conducted on other imported goods found in a shabu laboratory recently raided by authorities headed by the Bureau of Customs (BOC). In a statement Monday, the bureau said an assigned Customs examiner will make a list of the items such as blankets and bags. The composite team headed by the BOC Customs Intelligence and Investigation Service-Manila International Container Port (CIIS-MICP), raided the laboratory located along A. Mabini St., in Maypajo, Caloocan City on March 11, to implement the letter of authority and the mission order signed by Commissioner Rey Leonardo Guerrero. Customs Intelligence and Investigation Service
A party-list lawmaker on Monday called on the Philippine Sports Commission (PSC) to defund the Philippine Athletics Track and Field Association (PATAFA) after its non-endorsement of pole vaulter Ernest John “EJ” Obiena for the World Indoor Championships (WIC) in Serbia. Puwersa ng Bayaning Atleta (PBA) Party-list Rep. Jericho Nograles said PATAFA’s action against Obiena shows that its existence is not for the best interest of Philippine sports, as the athlete’s non-inclusion would deny the country a guaranteed medal win in the WIC. “The PSC should stop funding PATAFA and direct all support to individual athletes. PATAFA has lost all the
The Bases Conversion and Development Authority (BCDA) under the Duterte administration has contributed PHP25.01 billion to the Armed Forces of the Philippines (AFP), the highest made by a single administration. BCDA’s remittance for the AFP modernization between 2017 and 2021 is higher than the PHP13.01 billion contribution made by the previous administration from 2011 to 2016 and the PHP18.38 billion from 1993 to 2010. Signed on March 13, 1992, Republic Act 7227 authorizes the BCDA to create income from the sale, lease or joint venture agreements with the private sector in developing former military camps. Proceeds are remitted to the
To cushion the impact of an oil price increase on the agriculture sector in the Caraga Region, a one-time PHP3,000 fuel subsidy will be given each to 3,802 corn farmers and fisherfolk in the area. “Of the 3,802 beneficiaries for the fuel subsidy, around 2,186 are fishermen while 1,616 are corn farmers,” Department of Agriculture – Caraga (DA-13) Director Ricardo Oñate Jr. said during a press conference Monday. Oñate said DA-13 and its attached agencies, such as the Bureau of Fisheries and Aquatic Resources in Caraga Region (BFAR-13), are also finalizing the list of names of beneficiaries for the subsidy
