Palace backs tax on campaign funds

Source: Inquirer.net

Manila : Philippines | about 1 month ago

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With the government facing a multi-billion-peso revenue shortfall, Malaca�ang threw its support behind the Bureau of Internal Revenue�s move to impose a five-percent tax on campaign spending. Executive Secretary Eduardo Ermita, also the interim president of the ruling Lakas-Kampi-CMD...

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News Stories

Palace: What’s the fuss over taxing campaign funds?

News Source: Inquirer.net | 28 days ago

Philippines�Malaca�ang is wondering why there is so much fuss over the Bureau of Internal Revenue's proposed five-percent withholding tax on campaign contributions, which it said is nothing new. "The five-percent campaign tax is within the...
Proposed campaign tax will prevent poll overspending--execs

News Source: Inquirer.net | 28 days ago

Philippines�An official of the Commission on Elections (Comelec) said Thursday the proposed withholding tax on political campaign expenditures would help prevent candidates from overspending and using illegal funds. Comelec Commissioner Rene...
Palace supports BIR regulation on campaign tax

News Source: GMA News | 29 days ago

Executive Secretary Eduardo Ermita, who is also the president of the ruling Lakas-Kampi-CMD party, said at a press briefing Wednesday that �as long as it�s legal" the administration party would even comply with the tax scheme in order to set an...
Enrile says 5% tax on political ads has legal basis

News Source: Positive News Media | 29 days ago

Nov. 5 (PNA) –- Senate President Juan Ponce Enrile defended the Bureau of Internal Revenue (BIR)’s imposition of five percent withholding tax on the political ads of the candidates, saying it has no legal impediment. ”There’s a law already...
Voters’ listing extension up to Comelec -- Palace

News Source: Positive News Media | 29 days ago

The matter of extending the deadline for the registration of voters for next year’s elections is in the hands of the Commission on Elections, Malacanang said yesterday. “We can not interfere with the Comelec. This amnesty is very much like the...
Palace backs tax on campaign funds

News Source: Inquirer.net | 29 days ago

With the government facing a multi-billion-peso revenue shortfall, Malaca�ang threw its support behind the Bureau of Internal Revenue�s move to impose a five-percent tax on campaign spending. Executive Secretary Eduardo Ermita, also the interim...