Tag: government revenue

GOV’T TO LOSE P11B IN REVENUE WITH PORK TAX CUT

Post author By Romelo Caparas
Post date March 23, 2021
No Comments on GOV’T TO LOSE P11B IN REVENUE WITH PORK TAX CUT

Senator Kiko Pangilinan estimates that the government will lose about P11 billion in tariff revenue should the pork tariff be reduced from 30 percent to 5 percent. “Ang estima namin mga P11 billion eh,” Pangilinan said in a media interview on how much the government may lose on its plan to cut tariff in response […]

Tags African Swine Fever, government revenue, hog raisers, pork tariff, Senator Pangilinan

Politics

PRIORITIZE COLLECTION OF P50-B POGO BACK TAXES TO RAISE REVENUE – VILLANUEVA

Post author By Hazel Chua
Post date June 16, 2020
No Comments on PRIORITIZE COLLECTION OF P50-B POGO BACK TAXES TO RAISE REVENUE – VILLANUEVA

Cast your tax nets on the big fish, not on the small fry. Senator Joel Villanueva prodded the Bureau of Internal Revenue (BIR) to prioritize the collection of back taxes from sectors like the Philippine Offshore Gaming Operations (POGO) which owes at least P50 billion, to raise much-needed government revenue. With massive layoffs contributing to […]

Tags back taxes, government revenue, POGO, Senator Villanueva