Categories
Politics

VILLANUEVA BATS FOR WFH IN ECOZONES WITH TAX PERKS

Senator Joel Villanueva is pushing for a measure allowing businesses registered in investment promotion agencies to adopt a Work-from-Home (WFH) arrangement for their employees while maintaining their tax and fiscal incentives. The allowance for companies in the Information Technology- Business Process Management (IT-BPM) sector operating in ecozones to adopt a WFH arrangement covering 30% of […]

Categories
Politics

AGRI PARTY-LIST BACKS TAX PERKS UNDER SAGIP SAKA

Agri Party-list Rep. Wilbert T. Lee has filed a measure to provide additional tax incentives on gifts and donations to accredited farmers and fisherfolk enterprises. Lee filed House Bill No. 2418, amending Section 12 of Republic Act No. 11321, or the “Sagip Saka Act” which was signed into law in 2019, to invite the private […]

Categories
Politics

LAPID TO BIR: GIVE PRO BONO LAWYERS TAX BREAKS

Senator Lito Lapid eagerly awaits the promulgation of the Implementing Rules and Regulations (IRR) for Republic Act No. 9999, or the Free Legal Assistance Act of 2010, granting lawyers tax deductions for giving legal services to poor clients. In a letter addressed to Commissioner Lilia Guillermo dated July 11, Lapid requested the prioritization of the […]