Home » Posts tagged with » income tax

Bill lowering income tax filed

Senator T. Cynthia A. Villar filed yesterday a bill that seeks to adjust the income brackets of tax imposed on taxable income of Filipino workers.

The Bureau of Internal Revenue (BIR) is expecting to lose P55 billion and even more annually if the income tax (IT) rates for individual and corporation are reduced to a uniform schedule of 25 percent from the current 32 percent.

Continue reading …

Presidential aspirant Senator Grace Poe and running mate, Senator Francis Escudero vowed yesterday to treat the country’s workers with dignity and respect, as they batted anew for the imposition of lower income taxes.

Continue reading …

A gold trader and a businessman were the latest “victims” of the Run-After-Tax-Evaders (RATE) campaign of the Bureau of Internal Revenue (BIR).

Continue reading …