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MCWD finds new water supplier

TWO months after the termination of its water supply deal with Cebu Manila Water Development Inc. (CMWDI) for 35 million liters of water per day, and a day before an interim deal expires, the Metropolitan Cebu Water District (MCWD) will sign a new water supply contract, this time with Manila Water Philippine Ventures for its Cebu North Bulk Water Supply Project.
Luyang River Misamis Occidental Talisay City City Of Talisay Michael Rama Melquiades Feliciano

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SEC fines lending firm P2M, warns vs. dollar investment scam

DAVAO CITY—The Securities and Exchange Commission (SEC) has revoked the certificate of authority (CA) of a lending company and warned the public on a dollar investment scheme. Besides revoking its license, the SEC also fined P2 million the Wealth and Personal Development Lending, Inc. and its officers for repeated failure…
Cotabato City Davao City Rodolfob Mayo Jr Jo Anng Domingo Romelitob Mayo Bangko Sentral

Romualdez seeks update on implementation of law exempting PWDs from 12-percent VAT

Speaker Ferdinand Martin G. Romualdez on Tuesday asked the Department of Social Welfare and Development (DSWD) and the National Council on Disability Affairs (NCDA) to report to Congress the implementation status of a law exempting people with disabilities (PWD) from the 12-percent value-added tax (VAT) on specific goods and services.…
Benigno Noynoy Aquino Ferdinand Marting Romualdez Disability Affairs Office Department Of Social Welfare Welfare Development Office Department Of Health

The Ease of Paying Taxes Act, in a nutshell | Atty. Rodel C. Unciano

Let me highlight some of the significant changes in our tax rules pursuant to the recently enacted law, Republic Act No. 11976 or the Ease of Paying Taxes Act (EOPT). For value-added tax (VAT) compliance, one significant amendment is the uniform use of VAT invoice for both sale, barter, exchange,…
Revenue District Office Bureau Of Internal Revenue Republic Act Paying Taxes Act Tax Appeals Internal Revenue

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