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                    [ArticleID] => 1280700
                    [Title] => Scrapping VAT on power sector to affect social services
                    [Summary] => 
Scrapping the value added tax (VAT) on the power industry would be detrimental to the government’s social services even as this may reduce electricity cost, the country’s taxman said.

                    [DatePublished] => 2014-01-20 00:00:00
                    [ColumnID] => 0
                    [Focus] => 0
                    [AuthorID] => 1804708
                    [AuthorName] => Iris Gonzales
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => http://imageshack.us/a/img210/3674/gen5new.jpg
                )

            [1] => Array
                (
                    [ArticleID] => 943990
                    [Title] => Pagcor appeals to BIR to soften stance on taxes
                    [Summary] => 
The Philippine Amusement and Gaming Corp. (Pagcor) is appealing to the Bureau of Internal Revenue (BIR) to soften its stance on the taxes slapped on Pagcor and its licensees.

                    [DatePublished] => 2013-05-20 00:00:00
                    [ColumnID] => 0
                    [Focus] => 0
                    [AuthorID] => 1804708
                    [AuthorName] => Iris Gonzales
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [2] => Array
                (
                    [ArticleID] => 935665
                    [Title] => Pagcor earnings subject to corporate income tax – BIR
                    [Summary] => 
The Bureau of Internal Revenue (BIR) has ruled that all earnings of state-run Philippine Amusement & Gaming Corp. (Pagcor) from its operations and licensing of gambling casinos, gaming clubs and other similar recreation or amusement facilities, gaming pools and other related operations are subject to corporate income tax.

                    [DatePublished] => 2013-04-28 00:00:00
                    [ColumnID] => 0
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [3] => Array
                (
                    [ArticleID] => 714021
                    [Title] => Administration should consider new taxes - Teves
                    [Summary] => 
The Aquino administration should strongly consider slapping new taxes so that it could raise revenues for its projects and help cushion the economy in case another global financial crisis erupts, former Finance Secretary Margarito Teves said.
                    [DatePublished] => 2011-08-08 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804708
                    [AuthorName] => Iris Gonzales
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [4] => Array
                (
                    [ArticleID] => 537223
                    [Title] => Government to continue war vs corruption, smuggling
                    [Summary] => 
The government said it would continue to address corruption and rampant smuggling in the Bureau of Internal Revenue (BIR) and the Bureau of Customs (BOC) as part of efforts to fix the country’s fragile fiscal position.
                    [DatePublished] => 2010-01-03 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804708
                    [AuthorName] => Iris Gonzales
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [5] => Array
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                    [ArticleID] => 305549
                    [Title] => Editorial - Business and labor need to compromise
                    [Summary] => The calls for a wage increase have again created a gap between the business and labor sectors. Most businessmen are against an increase saying they, too, are losing. The labor sector meanwhile, complains that more than anybody else, the sector is at the losing end in these difficult times.

                    [DatePublished] => 2005-11-06 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Freeman Opinion
                    [SectionUrl] => opinion
                    [URL] => 
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            [6] => Array
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                    [ArticleID] => 303664
                    [Title] => Tom hits IBP on calls for eVAT Law review
                    [Summary] => 


Cebu City Mayor Tomas Osmeña has again hit the Integrated Bar of the Philippines-Cebu City chapter over its move to ask Congress for an intensive review of the Expanded Value Added Tax Law.


"You know if people like that were running our country today, we'll go bankrupt so fast… Who would you believe, the management investors or the IBP?" Osmeña told reporters in a news conference yesterday.


                    [DatePublished] => 2005-10-25 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1239309
                    [AuthorName] => Cristina C. Birondo
                    [SectionName] => Cebu News
                    [SectionUrl] => cebu-news
                    [URL] => 
                )

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                    [ArticleID] => 303339
                    [Title] => Lawyers urge Congress to amend eVAT Law
                    [Summary] => 

Cebu lawyers are urging Congress to amend the controversial Expanded Value Added Tax Law so that it will not greatly affect the poor people.


The officials of the Integrated Bar of the Philippines Cebu City Chapter headed by Alex Tolentino, however, did not specify in their resolution what particular provisions of Republic Act 9337 or the eVAT Law are to be amended. The law is set to be implemented on November 1.


                    [DatePublished] => 2005-10-23 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Cebu News
                    [SectionUrl] => cebu-news
                    [URL] => 
                )

            [8] => Array
                (
                    [ArticleID] => 302744
                    [Title] => Favila deputizes DTI workforce to monitor prices of goods
                    [Summary] => Trade and Industry Secretary Peter B. Favila has deputized the entire workforce of the Department of Trade and Industry (DTI) to monitor prices of basic necessities and prime commodities. 


Favila said the DTI will launch a nationwide price monitoring effort to guard against premature and unnecessary price increases following the final Supreme Court decision on the Expanded Value Added Tax Law (EVAT).


                    [DatePublished] => 2005-10-20 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1805266
                    [AuthorName] => Marianne V. Go
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [9] => Array
                (
                    [ArticleID] => 298728
                    [Title] => Businessmen cautiously optimistic over economy
                    [Summary] => A majority of businessmen are cautious in conducting their activities in the country today but still remain optimistic in their overall outlook on doing business amidst the current political turmoil surrounding President Arroyo, according to a business confidence survey conducted by the Philippine Chamber of Commerce and Industry (PCCI). 


According to the survey, 74 percent of the respondents said they will continue doing business in the country, while two percent said they have plans of moving to a different location.  


                    [DatePublished] => 2005-09-27 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1805266
                    [AuthorName] => Marianne V. Go
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

        )

)

EXPANDED VALUE ADDED TAX LAW

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                    [ArticleID] => 1280700
                    [Title] => Scrapping VAT on power sector to affect social services
                    [Summary] => 
Scrapping the value added tax (VAT) on the power industry would be detrimental to the government’s social services even as this may reduce electricity cost, the country’s taxman said.

                    [DatePublished] => 2014-01-20 00:00:00
                    [ColumnID] => 0
                    [Focus] => 0
                    [AuthorID] => 1804708
                    [AuthorName] => Iris Gonzales
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => http://imageshack.us/a/img210/3674/gen5new.jpg
                )

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                (
                    [ArticleID] => 943990
                    [Title] => Pagcor appeals to BIR to soften stance on taxes
                    [Summary] => 
The Philippine Amusement and Gaming Corp. (Pagcor) is appealing to the Bureau of Internal Revenue (BIR) to soften its stance on the taxes slapped on Pagcor and its licensees.

                    [DatePublished] => 2013-05-20 00:00:00
                    [ColumnID] => 0
                    [Focus] => 0
                    [AuthorID] => 1804708
                    [AuthorName] => Iris Gonzales
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [2] => Array
                (
                    [ArticleID] => 935665
                    [Title] => Pagcor earnings subject to corporate income tax – BIR
                    [Summary] => 
The Bureau of Internal Revenue (BIR) has ruled that all earnings of state-run Philippine Amusement & Gaming Corp. (Pagcor) from its operations and licensing of gambling casinos, gaming clubs and other similar recreation or amusement facilities, gaming pools and other related operations are subject to corporate income tax.

                    [DatePublished] => 2013-04-28 00:00:00
                    [ColumnID] => 0
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [3] => Array
                (
                    [ArticleID] => 714021
                    [Title] => Administration should consider new taxes - Teves
                    [Summary] => 
The Aquino administration should strongly consider slapping new taxes so that it could raise revenues for its projects and help cushion the economy in case another global financial crisis erupts, former Finance Secretary Margarito Teves said.
                    [DatePublished] => 2011-08-08 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804708
                    [AuthorName] => Iris Gonzales
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [4] => Array
                (
                    [ArticleID] => 537223
                    [Title] => Government to continue war vs corruption, smuggling
                    [Summary] => 
The government said it would continue to address corruption and rampant smuggling in the Bureau of Internal Revenue (BIR) and the Bureau of Customs (BOC) as part of efforts to fix the country’s fragile fiscal position.
                    [DatePublished] => 2010-01-03 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804708
                    [AuthorName] => Iris Gonzales
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [5] => Array
                (
                    [ArticleID] => 305549
                    [Title] => Editorial - Business and labor need to compromise
                    [Summary] => The calls for a wage increase have again created a gap between the business and labor sectors. Most businessmen are against an increase saying they, too, are losing. The labor sector meanwhile, complains that more than anybody else, the sector is at the losing end in these difficult times.

                    [DatePublished] => 2005-11-06 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Freeman Opinion
                    [SectionUrl] => opinion
                    [URL] => 
                )

            [6] => Array
                (
                    [ArticleID] => 303664
                    [Title] => Tom hits IBP on calls for eVAT Law review
                    [Summary] => 


Cebu City Mayor Tomas Osmeña has again hit the Integrated Bar of the Philippines-Cebu City chapter over its move to ask Congress for an intensive review of the Expanded Value Added Tax Law.


"You know if people like that were running our country today, we'll go bankrupt so fast… Who would you believe, the management investors or the IBP?" Osmeña told reporters in a news conference yesterday.


                    [DatePublished] => 2005-10-25 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1239309
                    [AuthorName] => Cristina C. Birondo
                    [SectionName] => Cebu News
                    [SectionUrl] => cebu-news
                    [URL] => 
                )

            [7] => Array
                (
                    [ArticleID] => 303339
                    [Title] => Lawyers urge Congress to amend eVAT Law
                    [Summary] => 

Cebu lawyers are urging Congress to amend the controversial Expanded Value Added Tax Law so that it will not greatly affect the poor people.


The officials of the Integrated Bar of the Philippines Cebu City Chapter headed by Alex Tolentino, however, did not specify in their resolution what particular provisions of Republic Act 9337 or the eVAT Law are to be amended. The law is set to be implemented on November 1.


                    [DatePublished] => 2005-10-23 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Cebu News
                    [SectionUrl] => cebu-news
                    [URL] => 
                )

            [8] => Array
                (
                    [ArticleID] => 302744
                    [Title] => Favila deputizes DTI workforce to monitor prices of goods
                    [Summary] => Trade and Industry Secretary Peter B. Favila has deputized the entire workforce of the Department of Trade and Industry (DTI) to monitor prices of basic necessities and prime commodities. 


Favila said the DTI will launch a nationwide price monitoring effort to guard against premature and unnecessary price increases following the final Supreme Court decision on the Expanded Value Added Tax Law (EVAT).


                    [DatePublished] => 2005-10-20 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1805266
                    [AuthorName] => Marianne V. Go
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [9] => Array
                (
                    [ArticleID] => 298728
                    [Title] => Businessmen cautiously optimistic over economy
                    [Summary] => A majority of businessmen are cautious in conducting their activities in the country today but still remain optimistic in their overall outlook on doing business amidst the current political turmoil surrounding President Arroyo, according to a business confidence survey conducted by the Philippine Chamber of Commerce and Industry (PCCI). 


According to the survey, 74 percent of the respondents said they will continue doing business in the country, while two percent said they have plans of moving to a different location.  


                    [DatePublished] => 2005-09-27 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1805266
                    [AuthorName] => Marianne V. Go
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

        )

)

abtest