Senator Aquilino “Koko” Pimentel III has refiled a bill seeking the suspension of value-added tax (VAT) and excise tax on fuel if the Dubai crude..
Tag Archives: Value added tax
House Minority leader and ACT Teachers Representative Rep. France Castro will be refiling a bill in the 19th Congress to remove value-added tax (VAT) on..
Finance Secretary Carlos Dominguez III debunked the claims that there is double taxation in the value-added tax (VAT) on power rates. The statement comes after..
Outgoing Energy Regulatory Commission (ERC) Chairperson Agnes Devanadera has proposed to the next administration to suspend the excise tax on coal and petroleum products to..
The Department of Finance (DOF) is looking at a Php20.3 billion “war chest” that the national government could use for fuel subsidies to critical sectors,..
Pilipinas Shell Petroleum Corporation has paid Php1.7 billion or nearly half of its Php3.49 billion in back taxes to the Bureau of Customs (BOC), according..
The Bureau of Customs (BOC) ordered Pilipinas Shell Petroleum Corporation (PSPC) to pay the first installment of its Php3.49 billion back taxes for its past..
Pilipinas Shell Petroleum Corporation said it is paying the Bureau of Customs (BOC) Php3.49 billion in alleged excise taxes and value-added taxes (VAT) it was..
In another move meant to bring down fuel prices, the Department of Energy (DOE) discussed in a recent Senate hearing that it is studying the..
Senator Paolo Benigno “Bam” Aquino IV on Wednesday filed a bill seeking to lower power rates by removing value added tax (VAT) from all sales..