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The Coordinating Council of Private Educational Associations (Cocopea) said that some regional offices of the Bureau of Internal Revenue (BIR) are still imposing a 30-percent income tax rate on proprietary education institutions despite the suspension of the order by the Department of Finance (DOF).
THE Fiscal Incentives Review Board (FIRB) thumbed down the appeal by the Philippine Economic Zone Authority (Peza) to base the work-from-home arrangements (WFH) on locators’ gross revenues instead of its work force. The fiscal incentives regulator’s decision was issued as companies in the information technology-business process management (IT-BPM) industry, many…
The country’s largest associations of private schools on Wednesday disclosed that some Bureau of Internal Revenue (BIR) offices in the regions are still charging 30-percent income tax rate despite the suspension of the order by the Department of Finance. With this, the Coordinating Council of Private Educational Associations (Cocopea) called…
Malaysia remains one of the top trading partners and investment sources of the Philippines, its Secretary of Department of Trade and Industry (DTI) Ramon M. Lopez said.
Engineering conglomerate DMCI Holdings Inc. has declared the highest dividend payout in its corporate history after its board approved the company’s declaration of special cash dividends. In its special meeting, the DMCI board approved P6.37 billion in special cash dividends. The amount is on top of the P6.37 billion in…