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Politics

AVAIL OF ESTATE TAX AMNESTY – PIMENTEL

Senator Koko Pimentel III is encouraging delinquent taxpayers with unsettled estate tax liabilities to avail of the amnesty period provided by Republic Act 11213, which was signed into law by President Rodrigo Duterte on Feb. 14. The new “Tax Amnesty Act” aims to enhance revenue generation for the government by encouraging citizens to pay the […]

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Politics

GRANT ONE-TIME TAX AMNESTY TO LOCAL WATER DISTRICTS – ANGARA

Senator Sonny Angara is pushing for the granting of a one-time general amnesty or condonation of tax liabilities by local water districts to allow them to use their savings for the improvement of services and prevent any increase in water rate charges. Introduced by Angara, Senate Bill No. 2136 otherwise known as the Condonation of […]

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Politics

TAX AMNESTY BILL NOW ONLY A STEP AWAY FROM BECOMING A LAW – ANGARA

The tax amnesty bill sponsored by Senator Sonny Angara is now only a step away from becoming a law after Senate ratified the bicameral report on the measure generally viewed as a “win-win” for both taxpayers and government. The tax amnesty bill grants those who have failed to pay for taxable year 2017 and prior […]

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Politics

SENATE APPROVES TAX AMNESTY BILL – ANGARA

A one-time opportunity to settle tax obligations that would include estate taxes, general taxes and delinquent accounts will soon be granted to those who have failed to pay for taxable year 2017 and prior years. Senate Bill No. 2059, otherwise known as “An act enhancing revenue administration and collection, and broadening the tax base by […]

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Politics

UNBURDEN SINS OF THE PAST WITH TAX AMNESTY BILL – ANGARA

Senator Sonny Angara has endorsed for plenary approval a bill seeking a general tax amnesty aimed at encouraging taxpayers to pay correct taxes and raising more revenues to finance crucial government projects. Under Senate Bill 2059, the proposed amnesty covers all unpaid internal revenue taxes–estate taxes, general taxes and delinquent accounts–due for taxable year 2017 […]