Page 92 - Tax Code News Today

One of the objectives of the passage of the Corporate Recovery and Tax Incentives for Enterprises Act is to improve the equity and efficiency of the corporate tax system by reducing tax distortions and leakages.

One of the biggest tax-related news of recent vintage is the explosive revelation that “ghost” companies manufacture fake receipts that some taxpayers purchase to pad up their respective deductible expenses and input tax credits. The latest estimate from the BIR puts the tax loss at P50 billion. For emphasis, that…

MY tele-tax–novela on the Official Receipt (OR) for sale crime, also called the ghost transactions episode is now on its conclusion. The Bureau of Internal Revenue (BIR) has aggressively filed criminal and civil cases against the erring participants in the OR scam that was discovered in the Eastwood City raid…

But in the world of policy and the families, and of people going to work, there was nothing in that bill that was very good for anybody in america. but what he did do was he keyed us up for 2024 quite well by showing that the republicans were extremists, by putting the entire house republican caucus on record. voting for a bill that would cost 700,000 jobs and promote a recession, and being unwilling to change one crooked tax loophole in the tax code. they defended all of the junk in the tax cod...

Recent news portals are resplendent with our legislators’ efforts to extend the term for claiming the estate tax amnesty by a fresh period of two years. The complications anent estate tax constitute one befuddling story for a layman, yet the conditions pervading our estate taxation years are more confounding. As…

Are digital tokens ownership of an entity, Are digital tokens debt obligations, Are digital tokens stocks, Are digital tokens securities. Digital tokens digital representations of value or actual ownership recorded on a blockchain, Tax Status of Digital Tokens depends

All public services of Da Nang have been provided online at level 4 - the highest level of online public services, which allows users to fill and submit forms, and pay fees online - since the beginning of this year, enabling all residents in the central city to access the services easily.

Q1 2023 HYDROCARBON PRODUCTION INCREASED BY 1.3% QOQ TO 5.6 MLN BOE PER DAY Q1 2023 PRODUCTION OF LIQUID HYDROCARBONS INCREASED BY 0.8% QOQ EXCEEDING 4.0 MILLION... | May 31, 2023

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