Under the approved regulation submitted by the Bureau of Internal Revenue (BIR) to the Department of Finance (DOF), from a range of creditable
withholding tax of around 25 percent to 32 percent, it was cut down by the DOF to a single rate of 15 percent.
Something that is creditable
is worthy of a measure of praise but something short of a rave.
This, even as the Department of Finance had agreed to reduce creditable
withholding tax on gold sales to 1 percent, from 5 percent.
STOCKSFIELD'S Chris Paisley returned to form with a creditable
level-par 72 in the first round of the Alfred Dunhill Pro-Am Championship at St Andrews.
MANILA, Philippines Local miners are once again selling their gold produce to the Bangko Sentral ng Pilipinas (BSP) following the reduction in the creditable
withholding tax on gold sales implemented in November last year, the Department of Finance (DOF) said.In a text message forwarded by Finance Secretary Carlos Dominguez, Bureau of Internal Revenue (BIR)- Baguio City regional director Douglas Rufino said the central bank has purchased P1.5 million worth of gold from local miners in January.
Under the GST regime the applicable tax rate on economy class passenger tickets has been reduced from 6% to 5% (non-creditable for goods), while the tax rate on business class has been increased from 9% to 12% with input tax creditable
for both goods and services procured by airlines.
The Court of Tax Appeals has granted the Philippine National Bank a P210.34-million refund in excess creditable
withholding taxes (CWT) paid for the year 2010.
PROFITABLE is set to drop back to five furlongs for the Coolmore Nunthorpe Stakes at York next month after his creditable
run over six in the Darley July Cup at Newmarket on Saturday.
Off the track until Christmas, he finished a creditable
third behind the classy Vigil and subsequent Punchestown Grade 1 winner Bellshill at Leopardstown.
Despite having several players missing, it was a creditable
display from the Wingmakers, who W made a bright start with home keeper Danny Hurst by far the busier of the two stoppers.
Agencies also have weighed in on when group plans and other coverage providers can stop providing "certificates of creditable
For veterans who are eligible for Medicare Part D prescription drug coverage, enrollment in the VA health care system is considered creditable
coverage for Medicare Part D purposes.
A CONSTRUCTION company has hailed its workforce for pulling in a "more than creditable
" performance in 2012.
The Supreme Court has granted certiorari in a Third Circuit case to resolve a circuit split and to answer the question of when a foreign tax is creditable
It was indeed a creditable
victory for the UAE despite their middle order batsmen collapsing after a good start.