Browsing Tag

Tax Reform for Acceleration and Inclusion

11 posts

LBC net income surges 170% in first semester

LBC Express Holdings, Inc. posted a net income of P1.196 billion in the first six months of 2018, a 170% jump from P442.702 million…
  • August 23, 2018
  • 2 minute read

CAB doc stamp tax now costs twice as much

The Civil Aeronautics Board (CAB) has increased the rate of documentary stamp tax for the certificates it issues with the implementation of the Tax…
  • May 20, 2018
  • 1 minute read

PH shipping, trucking rate hike looms in wake of higher fuel excise tax

The increase in the excise tax on fuel brought about by the passage of the new Tax Reform for Acceleration and Inclusion (TRAIN) Law…
  • March 24, 2018
  • 4 minute read

BOC-MICP urges importers to voluntarily pay higher excise tax rates

  The Bureau of Customs (BOC)-Manila International Container Port (MICP) is encouraging importers, especially multinational companies, to voluntarily pay the higher excise tax on…
  • March 21, 2018
  • 2 minute read

Doc stamp tax for Marina certificates raised to P30

The Maritime Industry Authority (Marina) is now implementing the new rate of the documentary stamp tax it issues for certificates and documents following the…
  • March 14, 2018
  • 2 minute read

DOF exec: TRAIN to have positive impact on logistics sector

Higher consumption and the construction of needed infrastructure, which are among the expected results from the Philippine government’s tax reform program, will benefit the…
  • February 5, 2018
  • 3 minute read

Under TRAIN Law, documentary stamp tax on B/L up 100%

Stamp tax on several documentations, which include bills of lading and certificates, has doubled under the Philippines’ new Tax Reform for Acceleration and Inclusion…
  • January 12, 2018
  • 4 minute read

PH manufacturing output continues slide in Nov, but rebound seen in 2018

Philippine manufacturing output is expected to recover in 2018 following three consecutive months of decline since September 2017. In the Monthly Integrated Survey of…
  • January 12, 2018
  • 2 minute read

With TRAIN passage, fuel marking in PH now mandatory

Marking of petroleum products, whether imported or manufactured locally in the Philippines, will now be mandatory under the recently signed Tax Reform for Acceleration…
  • January 4, 2018
  • 2 minute read

PH shipping, trucking rates seen to rise with fuel excise tax hike

Philippine cargo transport service providers said the higher excise tax on petroleum products to be implemented by next year under the recently passed Tax…
  • December 18, 2017
  • 3 minute read