Digong, The President

[_Cathy_]

I am starting to seriously hate this administration.

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I hated it from the start.

[minicarph]

Something that has been irritating me during my daily commute was I noticed some motorcycle-escorted convoys are now sporting several brand new back-up vehicles. Some weeks back it was a new LC 200 with 3 brand new Innovas as back-up. Last night yung nakasabay ko naman was a convoy that had 3 brand spanking new black Ford Everests as back-up. I just hope public were not used to fund purchase the new vehicles of these powers-that-be; I remember P-Diggy was telling everyone that his order of the day was for officials to use austere vehicles.



Depends on the fiscal policy. We already received some insights from credit rating agencies to keep watch as changes might affect our credit ratings. Tax cuts of course are welcome to us wage earners but to make-up on the shortfall and how to increase collections to meet the budget is still an important matter to be addressed.

Ako yan din pangarap ko eh. Pero hindi naman bodyguard

Plano ko pac-repaint to wet black my ecplorer. Our family already have a black starex grx na rarely-used and i plan to have it hilamos


Tapos say bakasyon kami sa tagaytay, convoy kami dalawang black vehicle with starex as somewhat bodyguard vehcile. Wala lang trip lang


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[yebo]

Ako yan din pangarap ko eh. Pero hindi naman bodyguard

Plano ko pac-repaint to wet black my ecplorer. Our family already have a black starex grx na rarely-used and i plan to have it hilamos


Tapos say bakasyon kami sa tagaytay, convoy kami dalawang black vehicle with starex as somewhat bodyguard vehcile. Wala lang trip lang


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Ano ba height mo OB?

[dreamur]

Sir damay din ba pati ROHQ tax incentives?

It is a possibility bro. They are looking at all tax incentives -PEZA and BOI.

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[dreamur]

Paki-explain naman ng jjusto eto kasi ilan beses ko na binasa jhindi ko talaga maintindihan.

May kinalaman ba ito dun sa travel expenses, yun travel ng travel sa social media?


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OB, mahabahabang usapan to kaya 2 bottles tayo. Walang kinalaman to sa travel expenses sa social media.

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[niky]

Php 800B! Happy days are here again!!!

As long as you don't call it PDAF, it ain't immoral daw.

[Wh1stl3r2]

I am starting to seriously hate this administration. They sre threatening to remove the tax incentives and impose VAT to PEZA registered companies. Worse, we are now required to report monthly all revenues and how tax holidays, duties & taxes and VAT exemptions are being utilized. This is a nightmare for accountants who have religiously reported all income and taxes to the government, remit all employee contributions on time and ensure taxes are paid full.

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Must be the only way they can think of increasing revenue. How about going after people who aren't even BIR registered? Why squeeze more money from people who are already paying regularly? Why punish compliance?

[badkuk]

Must be the only way they can think of increasing revenue. How about going after people who aren't even BIR registered? Why squeeze more money from people who are already paying regularly? Why punish compliance?

He was supposed to name "oligarchs" last week -- tax cheats included. No word or action since.

imho he should think long and hard before removing the tax perks for BPOs or any similar businesses. To only consider the additional tax revenue (say, 15% to 30%) is being too simplistic. Those businesses have a complex effect on our economy:

-- keeps unemployment down(e.g. BPOs these days hire HS grads if they speak English well enough)
-- along with OFW remittances, provide Pinoys with disposable income for the mall economy, which in turn employs thousands of people
-- that disposable income also enables people to buy condos/homes, propping up the real estate boom(even if it is tapering off now)
-- those people pay taxes, even if at lowered rates. Better than 0% taxes because they're unemployed.


i may be mistaken in this notion, but i'm convinced the only thing keeping PH afloat are OFW remittances and BPOs -- and they are projecting BPOs will surpass the former very soon. Doing anything that will endanger those two would be like killing the golden goose.

[vinj]

As long as you don't call it PDAF, it ain't immoral daw.

As long as it's not PNoy who proposed it, walang angal daw.

[minicarph]

Ano ba height mo OB?

Ano mga 5 7 bakit


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[anonemus]

Eto na ang tamang solusyon 👍

[minicarph]

He was supposed to name "oligarchs" last week -- tax cheats included. No word or action since.

imho he should think long and hard before removing the tax perks for BPOs or any similar businesses. To only consider the additional tax revenue (say, 15% to 30%) is being too simplistic. Those businesses have a complex effect on our economy:

-- keeps unemployment down(e.g. BPOs these days hire HS grads if they speak English well enough)
-- along with OFW remittances, provide Pinoys with disposable income for the mall economy, which in turn employs thousands of people
-- that disposable income also enables people to buy condos/homes, propping up the real estate boom(even if it is tapering off now)
-- those people pay taxes, even if at lowered rates. Better than 0% taxes because they're unemployed.


i may be mistaken in this notion, but i'm convinced the only thing keeping PH afloat are OFW remittances and BPOs -- and they are projecting BPOs will surpass the former very soon. Doing anything that will endanger those two would be like killing the golden goose.

laki pala tax avoidance ng BPO no? diba unfair 'to sa regular corporate

[shadow]

laki pala tax avoidance ng BPO no? diba unfair 'to sa regular corporate

You're encoring BPO/multinational companies to invest here kaya dapat meron "come on" eh di doon na lang sila sa India


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[badkuk]

Let me see if i am getting the series of events right:

- Mayor Duterte named Mayor Espinosa & son Kerwin as drug lords
- Mayor Espinosa surrenders himself to Bato
- Mayor Espinosa subsequently leaves the White House, checks into hospital
- operatives find guns, bomb making parts, 88m worth of shabu in Mayor Espinosa's house
- Mayor Espinosa leaves the hospital, reassumes office in Albuera


Parang me mali

[Yatta]

laki pala tax avoidance ng BPO no? diba unfair 'to sa regular corporate

Thats not tax avoidance (where one purposefully manipulates the books in order to pay lower taxes). What BPOs have are tax perks/incentives. Usually foreign investors are enticed to setup local businesses by being offered tax perks like lower taxes or tax holidays for a certain period. One reason (among others) Ford Ph closed its Santa Rosa factory was the tax holiday expiring.

[minicarph]

You're encoring BPO/multinational companies to invest here kaya dapat meron "come on" eh di doon na lang sila sa India


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eh yun robinson land saka megaworld, may tax perk din ba sila? tayo kasi sila ng tayo ng BPO building parang walang katapusan ang funding nila, sa Mckinley kinuha na nila other side

pag nagpapatayo ka ba ng places for BPO, may tax perks din? how about yun malls na nasa ilalim ng BPOs. these seems to be a trending building design nowadays

[badkuk]

Technically tax avoidance is the legal means of paying less taxes, by taking advantage of existing laws/regulations.
Tax evasion is when you break them.

That's about the only thing i remember from 3 units of taxation back in college


Quoting myself:

August 16th, 2016, 07:35 PM #4813
Let me see if i am getting the series of events right:

- Mayor Duterte named Mayor Espinosa & son Kerwin as drug lords
- Mayor Espinosa surrenders himself to Bato
- Mayor Espinosa subsequently leaves the White House, checks into hospital
- operatives find guns, bomb making parts, 88m worth of shabu in Mayor Espinosa's house
- Mayor Espinosa leaves the hospital, reassumes office in Albuera


Parang me mali

[ClaNker]

Let me see if i am getting the series of events right:

- Mayor Duterte named Mayor Espinosa & son Kerwin as drug lords
- Mayor Espinosa surrenders himself to Bato
- Mayor Espinosa subsequently leaves the White House, checks into hospital
- operatives find guns, bomb making parts, 88m worth of shabu in Mayor Espinosa's house
- Mayor Espinosa leaves the hospital, reassumes office in Albuera


Parang me mali

Well what do you expect, EJK ang specialty ng Administration.

Kaya nga ang SC eh eto ang ginawa.

SC ‘invites’ PNP, PDEA heads to submit complaint vs judges

The Supreme Court has issued another resolution, this time “inviting” Philippine National Police (PNP) chief Director General Ronald “Bato” dela Rosa and Philippine Drug Enforcement Agency (PDEA) Director General Isidro Lapeña to submit a complaint-affidavit against the four judges identified by President Rodrigo Duterte as having links to illegal drug trade.

Dela Rosa and Lapeña have seven days to submit a complaint-affidavit or other information against the four judges.

The four judges facing investigation are Exequil Dagala of the Dapa-Socorro, Surigao municipal circuit trial court; Adriano Savillo Iloilo City regional trial court; Domingo Casiple of Kalibo, Aklan RTC; and Antonio Reyes of Baguio City, Benguet RTC.

Last week, the high court said it will treat Duterte’s speech where he identified the judges as a complaint and directed Executive Secretary Salvador C. Medialdea to submit complaint-affidavits against the four judges.

Mataas ang posibility na walang evidence si bato sa mga to specially dun sa patay na.

[dreamur]

eh yun robinson land saka megaworld, may tax perk din ba sila? tayo kasi sila ng tayo ng BPO building parang walang katapusan ang funding nila, sa Mckinley kinuha na nila other side

pag nagpapatayo ka ba ng places for BPO, may tax perks din? how about yun malls na nasa ilalim ng BPOs. these seems to be a trending building design nowadays

I will not explain tax avoidance anymore OB as I presume you know the difference between tax incentives and corporate taxation.

On your question about IT developers like megaworld, Net group, etc. they are enjoying 5% preferential tax rate. The requirement is they are only allowed to accept PEZA registered companies as tenants.

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[zoomzoom]

Eto na ang tamang solusyon 👍

Bwahahaha. Aprub. Magtabi sila hanggang forever.