Ruling party row: Pacquiao expelled by Duterte group; Pimentel dismisses pronouncement 

THE RULING PDP-Laban party under President Rodrigo R. Duterte on Sunday announced that Senator Emmanuel “Manny” D. Pacquiao has been automatically expelled for filing his certificate for presidential candidacy under a different party, but the other faction led by the party founder’s son dismissed the pronouncement.  Mr. Pacquiao on Friday filed his candidacy under the Progressive Movement for the Devolution of Initiatives (PROMDI), noting the party’s alliance with PDP-Laban […]

House approves ease of paying taxes bill on 2nd reading

HOUSE LEGISLATORS approved a measure on second reading Monday that would ease the process of filing taxes in order to encourage taxpayers to pay their dues. House Bill 8942 or the Ease of Paying Taxes Act seeks to simplify rules and processes in filing and paying taxes, such as removing venue restrictions and introducing a medium taxpayer classification. The measure would also remove the […]

On to the tax audit period

Physical exhaustion, sleepless nights, and anxiety are among the words that some might use to describe the experience of taxpayers and their accountants in this tax season just concluded, an ordeal heightened by the effects of the pandemic and lockdowns. Thinking about the tax filing season, I remember Sisyphus, from Greek mythology, who was made […]