[Ask the Tax Whiz] When power is inherited, who holds it accountable?
Those seeking power must accept scrutiny of their wealth, donors, interests and decisions. Every official owes the people accountability.
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DOE sees ‘no signs’ oil prices will fall as excise tax relief goes on table
‘Let’s brace ourselves for possible increases pa rin,’ Energy Secretary Sharon Garin says as the Department of Energy certifies that Dubai crude price averaged $99.41 per barrel from August 13 to September 11
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‘Violation of privacy?’ Senate court takes down Sara Duterte trial livestream
The BIR witness says the copy of the Letter of Authority displayed during the trial showed the names of some revenue officers
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[Ask the Tax Whiz] The BIR sent an audit notice. What now?
A fair audit requires cooperation from taxpayers and accountability from examiners
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No more VAT on system loss in electricity bills starting October
While the VAT removal is still welcome relief, expect savings to be modest as the much larger underlying system loss charge is unlikely to disappear from electricity bills anytime soon
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NGCP ends years-long fight over regulatory fees with ERC
The regulator did not disclose the total amount covered under its compromise agreement with the grid operator, how much of the fees had already been collected, and how much is left to collect
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[Ask the Tax Whiz] Will the new audit rules protect honest taxpayers?
Wealth growth alone does not prove evasion. Legitimate sources must be checked, and due process observed.
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Fuel prices finally roll back on September 29 after weeks of hikes
The price cuts are welcome news for motorists, alongside the renewed suspension of excise taxes on LPG and kerosene
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Philippines should fix tax gaps and procurement, not raise tax rates – WB
Procurement reforms alone – such as bundling demand and placing orders in bulk – could save the government up to P435 billion annually
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[Ask the Tax Whiz] Pandora’s box: Can PH turn corruption into an economic turning point?
Mr. President, you opened Pandora’s box. The test of your legacy is whether the government you leave behind can hold the powerful accountable.
