THE House of Representatives on Wednesday adopted the Senate version of a bill granting President Ferdinand Marcos Jr. the ...
The government is currently reviewing the conditions for the proposed reduction and suspension of the excise tax on fuel products, Malacañang said on Thursday. This came after President Ferdinand R.
The Internal Revenue Service (IRS) and U.S. Treasury Department have issued final regulations (T.D. 10037) (Final Regulations) under Section 4501 of the Code (the Excise Tax) that withdraw the ...
[Stay on top of transportation news: Get TTNews in your inbox.] A repeal of the 12% federal truck excise tax for new trucks would not only cut costs for truckers, it could benefit the environment and ...
On April 9, 2024, the US Department of the Treasury and the Internal Revenue Service issued long-awaited proposed regulations under Section 4501 of the Internal Revenue Code (the “Code”) regarding the ...
President Ferdinand R. Marcos Jr. on Wednesday said the possible suspension of excise tax on oil products would depend on global price movements amid uncertainties stemming from tensions in the Middle ...
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Marcos on suspending oil excise tax: We’ll see
Despite certifying the measure as urgent, President Ferdinand “Bongbong” Marcos Jr. said exercising the emergency power to temporarily suspend or reduce the oil excise tax is yet to be determined.
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