Gatchalian on BIR proposal to tax online sellers: ‘Ill-timed, insensitive’

Gatchalian on BIR proposal to tax online sellers: ‘Ill-timed, insensitive’

Senate PRIB MANILA, Philippines — Senator Sherwin Gatchalian has dismissed as “ill-timed” and “insensitive” the move of the Bureau of Internal Revenue (BIR) to tax online resellers who are still reeling from the impact of the coronavirus pandemic. Gatchalian said Saturday that the proposed taxation is not only an added “unnecessary burden” to entrepreneurs, but […]
OFW remittances fell 5% in March

OFW remittances fell 5% in March

Dollars sent home by expatriate Filipinos declined in March, marking the first time that the impact of the coronavirus pandemic was manifested in monthly remittances, a key pillar of the Philippine economy. In a statement, the Bangko Sentral ng Pilipinas attributed...
DOF firm on listing, taxing online sellers

DOF firm on listing, taxing online sellers

The Department of Finance (DOF) did not buckle to calls not to force online sellers to register with the Bureau of Internal Revenue (BIR) and pay taxes while the country is battling the new coronavirus diseases (COVID-19) pandemic. An official of the DOF on Friday...
DA assures public fertilizer purchase graft-free

DA assures public fertilizer purchase graft-free

The Department of Agriculture (DA) has assured the public that the bidding for fertilizer supply contracts under its COVID-19 assistance program was above board—this after some farmers in Central Luzon claimed that the distributed fertilizers were overpriced. At a...