A MEASURE seeking to ease the process of paying taxes has been passed at the House Committee on Ways and Means. At a hearing on Wednesday, the committee approved a substitute bill consolidating House Bills (HB) 53 and 2823. The measure hopes to modernize tax administration as a means of improving taxpayer compliance, specifically by […]
Tag: ease
S. Korea slightly eases distancing but warns of Omicron surge
SEOUL — South Korea will slightly ease its coronavirus gathering restrictions starting next week but continue to maintain a 9 p.m. curfew on restaurants and entertainment venues, a…
Gokongwei group sees recovery in consumer demand as restrictions ease
DIVERSIFIED conglomerate JG Summit Holdings Inc. (JGS) registered revenues of P50.4 billion for the third quarter of 2021, a nine percent growth year-on-year. The firm’s core net income for the first nine months of 2021, however, declined to P948 million, albeit still in positive territory. The topline growth was mainly driven by expanded capacity and […]
Foreign chambers back ease of paying tax bill
THE Joint Foreign Chambers of the Philippines (JFC) said Wednesday that the Senate should immediately tackle the Ease of Paying Taxes bill, noting that government needs to find creative ways to collect revenue to fund its pandemic response. The House of Representatives on Sept. 15 approved on third and final reading House Bill No. 8942 […]