LOWERING the value-added tax (VAT) rate to 10% from 12% is fiscally viable despite projected revenue losses, a congressional think tank said, adding that the reduction is even “advisable” despite ...
TWO parallel measures field before the 20th Congress seek to reduce the value added tax (VAT) from 12 percent to 10 percent, ...
Opinion
The Manila Times on MSNOpinion

Benefits of lowering the VAT rate

TWO parallel measures in the 20th Congress seek to reduce the Value Added Tax (VAT) from 12 percent to 10, with the goal of easing consumer prices and improving the Philippines’ competitiveness within ...
The Congressional Policy and Budget Research Department (CPBRD) released a study on the proposal to reduce the Value Added Tax (VAT) to 10%.
The ruling hinges on the corporation and trust being treated as a single entity and meeting other requirements under Regs.
A corporation’s annual charitable contribution deduction cannot exceed 10% of the corporation’s taxable income Sec. 170 (b) (2) (A)), computed without regard to the following (Sec. 170 (b) (2) (D)): ...
CNB Financial Corporation (“Corporation”) (NASDAQ: CCNE), the parent company of CNB Bank, today announced its earnings for the three and twelve months ended December 31, 2025. Key Financial Trends ...
PARIS, Jan 6 (Reuters) - More than 145 countries have agreed to update a landmark global tax deal, carving out exemptions for U.S. multinationals after Washington pushed back against rules designed to ...
The United States has been exempted from a newly agreed global deal designed to prevent large corporations from shifting profits to low-tax jurisdictions. In a January 5 statement, current Treasury ...
COLUMBUS, Ohio — Six new business projects proposed by JobsOhio have received approval from the Ohio Tax Credit Authority, including two in Cuyahoga County, with officials promising the creation of ...
Don't let tax season catch you off guard. We break down the key differences on a W-2 and 1099 forms that directly impact your tax refund.