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Politics

More Legislators Back Retention of Coops’ Tax Exemption – BRAVO

  More than 150 congressmen have thrown their support behind an amendment that would allow cooperatives to retain their tax exemptions as Congress works on House Bill (HB) 5636, the Administration’s major tax reform package. COOP-NATCCO Partylist Rep. Anthony Bravo thanked his fellow representatives on Tuesday for listening to their constituents and restoring their faith […]

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Politics

Tuition and Other Fees Should Be Tax Deductible – ANGARA

  Senator Sonny Angara, a staunch education advocate, called for the approval of his proposed tax relief measure which would make tertiary education widely accessible to Filipinos especially for those who cannot qualify for scholarship grants and other assistance. Angara reiterated the appeal as he lamented that access to tertiary education remains problematic and elusive […]

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Politics

We Need Simpler Taxation – AQUINO

  Senator Bam Aquino lauded the latest memorandum by the Bureau of Internal Revenue (BIR), announcing that taxpayers covered by the Barangay Micro Business Enterprise (BMBE) may file their income tax returns (ITR) without paying taxes. “Nagpapasalamat tayo sa BIR sa paglalabas ng nasabing memorandum na nagbigay linaw sa mga isyu at problemang bumabalot sa […]