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News and Events

Entrepreneurs back government plans for tax reform

Trade group AFFI reiterates MSME needs for tax incentives, simplified systems

  While change has long been overdue on the government’s updating of the current tax scheme, small and medium businesses remain confident that the administration will make good in its promise to create and implement a better tax program that can attract more ...

by Entrepreneur Staff  | September 23, 2016 05:00:00
Business Ideas

Your year-long tax list

Better safe than sorry.

To avoid the mad rush leading up to April 15, here is a year-long laundry list:- If you are filing as an individual taxpayer (that is, your business is a single proprietorship),remember that your first quarter income tax for 2013 is also ...

by Jimbo Owen B. Gulle  | August 06, 2012 04:00:00
Business Ideas

Why is it important for entrepreneurs to remit the proper taxes?

Andrew Tan group to pay P12 billion worth of taxes

Recently, the Andrew Tan-led Alliance Global Group Inc. and its companies announced that they are remitting more than P12 billion in taxes and fees to the national government for 2011. The amount will cover the group’s income tax, net value added tax, ...

by Carlo P. Mallo  | August 11, 2011 07:00:00
Business Ideas

14 ways to trim your taxes (Part 2)

In a perfectly legal manner

Everyone prefers paying lower taxes. This is particularly true for entrepreneurs who have thousands of other ways to use funds--be it for expansion, additional employee benefits or product development. Now, while it may be tempting to falsify books or evade tax payment, ...

May 09, 2011 12:00:00
Business Ideas

14 ways to trim your taxes (Part 1)

In a perfectly legal manner

There are only two things constant in the world- death and taxes. But there are ways to trim the taxes that you pay to the Bureau of Internal Revenue (BIR) that do not involve asking your accountant to falsify figures or not ...

May 03, 2011 09:00:00
Startup Tips

Perks for you

Incentives extended by government agencies BOI and PEZA are not just for foreign investors, they are also for Filipino entrepreneurs

When either the Board of Investments (BOI) or the Philippine Economic Zone Authority (PEZA) is mentioned, people usually think of it as an agency that serves only foreign nationals. After all, the laws creating each of these agencies were enacted primarily to ...

March 10, 2009 12:00:00