Blog Posts on value added tax
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[In the mews] Palace: VAT proceeds to be used for better social services – www.philstar.com by on Oct 2, 2011Palace: VAT proceeds to be used for better social services By Aurea Calica (The Philippine Star) MANILA, Philippines – Amid public outcry over the imposition of the value-added tax (VAT) on toll yesterday, Malacañang tried to console the publi...
Are you in Favor of the 12% Increase in Toll? by my random thoughts on Sep 29, 2011SLEXNLEXTomorrow, October 1 the toll on all privately-run expressways - the SLEX and NLEX, will increase by 12 percent!Are you in favor of the 12% increase in toll? Me, I am against of the increase. I see it as another burden on the...
[Statement] On the creation of DOTC-DOE-DOJ task force: Government action or ploy? – PMT by on Sep 21, 2011Reacting to the nationwide protest actions spearheaded by transport groups held Monday, Transportation Secretary Mar Roxas announced the creation of a tri-agency task force to look into the pricing scheme of oil companies to determine if there is tru...
[Press Release] Which is worse? The inability to paralyze transport or government inaction to the pleas of the people? – PMT by on Sep 20, 2011A question for MMDA Chairman Tolentino and Spokeperson Lacierda: Which is worse? The inability to paralyze transport or government inaction to the pleas of the people? Palace spokesperson Lacierda and MMDA Chairman Tolentino are in a chorus. They say...
[Press Release] CWS supports the people’s protest vs. oil price increases by on Sep 19, 2011The Church People-Workers’ Solidarity (CWS) calls on government to listen to the demands of the transport and other groups launching a transport strike against high oil price increases, saying that the people have a right to protest, “to particip...
Value Added Tax, In and Out by TaxAcctgCenter on Aug 9, 2011VAT is one of the most complex tax types where most taxpayers are committing mistakes in application, either in the simple BIR returns preparations, computations, administrative compliance and/or substantiation thereby ending up with a tax exposure,...
Business 101: Know Your Taxes by Emievill.com on Aug 28, 2010One of the most basic things an entrepreneur (or would – be entrepreneur) should learn are the taxes that he or she will be required to pay if he or she puts up a business. And yet, I’ve seen a lot of businessmen depend entirely on their accounta...
BIR Plans To Steamroll Vat on Toll Without Regard For Consequences by Consumers Who Monitor on Aug 11, 2010BIR plans to immediately steamroll toll tax without regard for consequences.I came across a news article today saying that Revenue Commissioner Kim Henares of the Bureau of Internal Revenue insists on pushing through with slapping the EVAT on toll fe...
The Government’s Taxing the Poor, Pampering the Rich Policy by PinoySoundingBoard on Jul 23, 2010The Bureau of Internal Revenue is stepping up on the gas pedal on its efforts to increase tax collection for this year and cover for the record-high budget deficit left by my favorite president Gloria Arroyo. As the marching order of President Aqui...
Revolution Na! by Pinoy Funny Pictures on Jul 22, 2010Kananakaw ni GloriaNaghirap ang bansaBayan patayin na ang pandak12% E.VATSalot sa bayanRevolution na...
