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As millions of dutiful Filipino taxpayers file their income tax returns before the April 18 deadline, vice-presidential candidate Senator Kiko Pangilinan urged the government, particularly the Bureau of Internal Revenue (BIR), to show fairness and collect the estimated P203-billion estate tax of the Marcoses. “Gustong makita ng ating mga kababayan na patas ang gobyerno sa […]
The Senate must investigate the utter failure of the Bureau of Internal Revenue (BIR) to collect the P203-billion estate tax liabilities owed by the descendants of former President Ferdinand Marcos to the government, vice-presidential aspirant Senator Kiko Pangilinan said. “Nakapanlulumong isipin na P203 bilyong ng estate tax liabilities ng mga Marcoses ang ilang taon ng […]
Senator Risa Hontiveros is urging the Bureau of Internal Revenue (BIR) and the Commission on Elections (COMELEC) not to implement a higher withholding tax on the compensation of teachers doing poll duties in the coming national and local elections. Hontiveros disclosed that a number of teachers tapped for election duties have been blindsided by the […]
Senator Win Gatchalian hailed the signing of a law that would grant tax relief to private schools, a move that the lawmaker said would help them stay afloat amid the devastating effects of the COVID-19 pandemic. Republic Act No. 11635, which President Rodrigo Duterte signed into law on December 10, 2021, further amends Section 27 […]
Clarifying an otherwise ambiguous provision in the country’s tax code on private educational institutions will serve as a lifeline for thousands of schools forced to shutter or reduce operations at the height of the COVID-19 pandemic, according to Senator Joel Villanueva. In sponsoring Senate Bill No. 2407, Villanueva said the measure sought to ease the […]
Camarines Sur Representative LRay Villafuerte is urging the Senate to act quickly to rescue private schools by passing before the adjournment of this congressional session on September 30 a bill that would permanently correct the Bureau of Internal Revenue (BIR)’s flawed interpretation of a tax code provision increasing the corporate income tax (CIT) rate on […]
Senator Sonny Angara thanked Finance Secretary Carlos Dominguez for suspending the implementation of the provisions of Revenue Regulations No. 5-2021 pertaining to the tax on private schools. “Maraming Salamat, Secretary Dominguez and BIR Commissioner (Caesar) Dulay for heeding the clamor of private educators who share with the government the burden of teaching our youth,” Angara […]
An education advocacy group on Sunday thanked the Bureau of Internal Revenue for stopping the implementation of a controversial regulation that would have increased the amount of income taxes paid by private schools by 150 percent. “Nagpapasalamat tayo sa BIR sa pagsuspinde ng regulasyong ito. At a time when all schools are reeling from the […]
With a controversial tax regulation by the Bureau of Internal Revenue looming over educational institutions, an education advocacy group is set to conduct a webinar on taxation to help schools get a better grasp of the issue. The Philippine Educators Alliance for Community Empowerment (PEACE) Party-list will hold the “Education and Taxes: How to Properly […]
Senator Risa Hontiveros has called on the Bureau of Internal Revenue (BIR) to revoke the 25% corporate income tax hike imposed on private schools. Hontiveros said this move is “anti-students” as this may only displace more students when private schools are forced to close due to increased economic pressure brought by the pandemic. “Hindi naman […]