Ease of compliance seen determining success of new VAT on foreign DSPs
REUTERSBy Beatriz Marie D. Cruz, ReporterCOMPLIANCE with a new value-added tax (VAT) by foreign digital service providers (DSPs) will hinge on how seamless the online registration and payment process can be made, analysts said.The revenue target for the new 12%
NEA approves credit facility to support power co-ops’ non-network, grid projects
THE National Electrification Administration (NEA) approved a credit facility to support non-network and smart-grid capital expenditure (capex) requirements of electric cooperatives (ECs).“As a result of our series of discussions with the ECs and to provide them with easy access to
Easier to tax, easier to pay, easier to collect
“Only a crisis — actual or perceived — produces real change. When that crisis occurs, the actions taken depend on the ideas that are lying around. That, I believe, is our basic function: to develop alternatives to existing policies, to
Three more PHL regions to announce wage hikes
BW FILE PHOTOBy Chloe Mari A. Hufana, ReporterAT LEAST three Philippine regions are expected to announce wage increases this month, the Labor department said on Monday.The Ilocos, Western Visayas and Zamboanga Peninsula regions will release new orders increasing their daily
1,300 Filipinos have come home from war-torn Middle East in past year, says DMW
EMAD EL-BYED-UNSPLASHMORE THAN 1,300 overseas Filipino workers (OFWs) from war-torn areas in the Middle East have come home since October 2023, the Department of Migrant Workers (DMW) said on Monday.DMW Secretary Hans Leo J. Cacdac said 1,326 OFWs from Israel,