In a draft letter, Finance Secretary Benjamin E. Diokno has instructed Bureau of Internal Revenue Commissioner Romeo D. Lumagui, Jr. to issue a Revenue Regulation to effect the DOF-TWG decision.
As such, Diokno’s draft letter said “BIR is instructed to immediately issue a revenue regulation containing the above-identified negative list of services.” However, should the expenses do fall within the negative list, RBEs are still given the opportunity to justify that one or more of the expenses otherwise included in the negative list are still directly and exclusively used in their registered project.
Source: News Formal (newsformal.com)
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Tulfo most trusted, approved senator — surveySenator Raffy Tulfo received the highest trust and approval ratings among the country's current senators, according to the findings of a big data research firm's nationwide survey. ManilaBulletin
Source: manilabulletin - 🏆 25. / 51 Read more »
Sparkada member na si Kirsten Gonzales, napapanood sa 'Abot-Kamay Na Pangarap'Subaybayan ang karakter ni Kirsten Gonzales sa GMA's top-rating afternoon series na 'Abot-Kamay Na Pangarap.'
Source: gmanetwork - 🏆 12. / 63 Read more »
Nancy Binay calls for ramped up vax efforts for zero-dose childrenMANILA, Philippines — Senator Nancy Binay on Thursday urged health authorities and local government units (LGUs) to boost immunization efforts for children who have yet to receive even a single
Source: inquirerdotnet - 🏆 3. / 86 Read more »
Bosita bares quota system in PNP, forcing cops to make arrests beyond rulesMANILA, Philippines — 1-Rider party-list Rep. Bonifacio Bosita has claimed that the "quota" system — or a minimum number of drug busts per week demanded from police officers — is
Source: inquirerdotnet - 🏆 3. / 86 Read more »
Youth party-list decries training fees for proposed mandatory ROTCThe Kabataan Party-list decries the suggested training fees for the proposed mandatory Reserve Officers' Training Corps amid protests on impending increases in tuition and other school costs.
Source: CNN Philippines - 🏆 13. / 63 Read more »
Tingog hands out subsidies to fire victims, studentsTingog party-list group led by Reps. Yedda Marie Romualdez and Jude Acidre, along with Speaker Ferdinand Martin Romualdez, has extended assistance to 295 fire victims in Taytay, Rizal and 1,141 student-beneficiaries in Mindanao.
Source: MlaStandard - 🏆 20. / 55 Read more »