Day: September 18, 2024

Manila: The Court of Tax Appeals (CTA) has granted the petition filed by a Special Purpose Trust (SPT) run by the National Home Mortgage Finance Corporation (NHMFC) seeking a refund of PHP1.6 million representing erroneously paid final withholding taxes (FWT) on interest income payments to bondholders for the period 2019 to 2020. In a 14-page decision dated Sept. 17, the tax court’s Third Division ordered the Bureau of Internal Revenue to refund or issue a tax credit certificate sought in the petition filed by the Bahay Bonds 2 Special Purpose Trust (SPT) administered by the NHMFC. The court noted that

Manila: Senate Deputy Minority Leader Risa Hontiveros welcomed on Wednesday the arrest of former Department of Budget and Management (DBM) undersecretary Lloyd Christopher Lao in Davao City. Lao, was nabbed by PNP’s Criminal Investigation and Detection Group (CIDG) in Barangay 18B, Obrero through a Sandiganbayan first division’s arrest warrant dated Sept. 12. He is facing graft charges for an alleged conspiracy to award PHP4 billion in contracts for Covid-19 test kits to a “favored supplier” during the pandemic, “Time to face the music, Atty. Lao. Oras na para harapin mo ang mga kaso laban sayo (It is time for you

Manila: Senate Deputy Minority Leader Risa Hontiveros welcomed on Wednesday the arrest of former Department of Budget and Management (DBM) undersecretary Lloyd Christopher Lao in Davao City. Lao, was nabbed by PNP’s Criminal Investigation and Detection Group (CIDG) in Barangay 18B, Obrero through a Sandiganbayan first division’s arrest warrant dated Sept. 12. He is facing graft charges for an alleged conspiracy to award PHP4 billion in contracts for Covid-19 test kits to a “favored supplier” during the pandemic, “Time to face the music, Atty. Lao. Oras na para harapin mo ang mga kaso laban sayo (It is time for you

BACOLOD CITY-The Negros Trade Fair (NTF), which showcases the best products of the Negros Island Region (NIR), continues to drive economic growth and celebrate Negrense innovation and creativity for 38 years now. Considered the longest-running provincial trade fair in Metro Manila, this year’s edition, which runs from Sept. 17 to 22, features 115 booths of members of the Association of Negros Producers (ANP), with support from the Negros Occidental provincial government and the Department of Trade and Industry. On Wednesday, Governor Eugenio Jose Lacson, with NTF chairperson Michael Edward Claparols and ANP president Arlene Infante, led the opening and blessing

BACOLOD CITY-The Negros Trade Fair (NTF), which showcases the best products of the Negros Island Region (NIR), continues to drive economic growth and celebrate Negrense innovation and creativity for 38 years now. Considered the longest-running provincial trade fair in Metro Manila, this year’s edition, which runs from Sept. 17 to 22, features 115 booths of members of the Association of Negros Producers (ANP), with support from the Negros Occidental provincial government and the Department of Trade and Industry. On Wednesday, Governor Eugenio Jose Lacson, with NTF chairperson Michael Edward Claparols and ANP president Arlene Infante, led the opening and blessing