Sep 2018 arrivals up by 6.76%

MANILA— The foreign tourist arrivals to the Philippines in September 2018 is 6.76 percent higher than the same period last year. At least 512,240 international tourists visited the country last month, making the overall arrivals since January this year 4,950,683, or about 8.32 percent higher than 2017. South Korean remains as the country’s top market […]

Boracay reopens to public after 6-month rehab

BORACAY — One of the world’s leading tourist destinations, Boracay Island, reopened its doors to holidaymakers on Friday, following six months of intensive rehabilitation. The Department of Tourism said as of Thursday (Oct. 25), a total of 157 accommodation establishments were given green light by the Boracay Inter-Agency Task Force to accept visitors. The task force […]

PH posts 7.1M record-breaking tourist arrivals

MANILA — The Philippines has set a record-breaking 7.1 million international tourist arrivals in 2018, the Department of Tourism (DOT) reported Thursday. Data from the DOT showed that at least 7,127,168 foreign tourists visited the country, the “highest ever number” in the Philippines’ tourism industry, surpassing the 6,620,908 arrivals in 2017 by 7.68 percent. “This is […]

BIR wins P12 billion tax evasion case

The Court of Tax Appeals (CTA) has sentenced a gold trader of up to 10 years in jail for filing false income tax returns (ITR) for the years 2005 to 2009. BIR(Manila Bulletin File Photo) The Court’s Third Division also ordered Rex Chua Co Ho to pay the Bureau of Internal Revenue (BIR) deficiency income […]

RR No. 21-2018

RR No. 21-2018 Provides regulations implementing Section 249 (Interest) of the National Internal Revenue Code (NIRC) of 1997, as amended under Section 75 of RA No. 10963 (TRAIN Law) (Published in Manila Bulletin on September 17, 2018

RMO No. 42-2018

RMO No. 42-2018 Amends certain portion of RMO No. 29-2014 relative to the prescribed uniform format and procedures for the issuance of Certifications on the Existence of Outstanding Tax Liabilities of Taxpayers

RR No. 20-2018

RR No. 20-2018 Provides the implementing rules and guidelines on the imposition of Excise Tax on sweetened beverages pursuant to the provisions of RA No. 10963 (TRAIN Law) (Published in Manila Bulletin on August 24, 2018)

RR No. 18-2018

RR No. 18-2018 Amends specific provisions of RR No. 8-2016 particularly certain guidelines on the processing of applications for Tax Clearance for bidding purposes (Published in Manila Bulletin on August 6, 2018)

DOLE revokes PEZA deal, sets stricter labor inspection

Date Posted: January 31st, 2018 04:43 PM Prompted by incidents of fire in economic zones, Labor Secretary Silvestre Bello III has revoked the agreement of the Department of Labor and Employment (DOLE) with the Philippine Economic Zone Authority (PEZA) ceding to the latter the authority to inspect establishments in export zones. With the move, the […]