Tag: VAT

Lacson, May Solusyon sa Tumataas na Presyo ng Gasolina

Kondisyunal na pagsuspinde sa excise tax ng gasolina, at ang pagtanggal sa napakaraming Value-Added Tax (VAT) exemptions.

Ayon kay Senador Panfilo “Ping” M. Lacson, ito ang dalawang magkaakibat na solusyon na magbibigay ng hinga sa mga Pilipino sa patuloy na pagtaas ng presyo ng gasolina.

“We can conditionally suspend excise taxes on fuel when oil prices reach a threshold price in the international market such as $90 or even $100 per barrel. This could provide some breathing space not just for the transport sector but those affected by high fuel prices,” ayon kay Lacson sa isang panayam Linggo ng gabi.

Related: Lacson Pushes 2-Pronged Formula for ‘Breathing Room’ Amid Soaring Fuel Prices
Continue reading “Lacson, May Solusyon sa Tumataas na Presyo ng Gasolina”

Lacson Pushes 2-Pronged Formula for ‘Breathing Room’ Amid Soaring Fuel Prices

A conditional suspension of the excise tax on fuel, and the scrapping of several lines of exemption in the Value-Added Tax (VAT).

Sen. Panfilo “Ping” M. Lacson said this is the two-pronged formula that can give Filipinos some badly needed breathing room from the effects of prohibitive fuel prices.

“We can conditionally suspend excise taxes on fuel when oil prices reach a threshold price in the international market such as $90 or even $100 per barrel. This could provide some breathing space not just for the transport sector but those affected by high fuel prices,” Lacson said in an interview with the media Sunday evening.

Related: Lacson, May Solusyon sa Tumataas na Presyo ng Gasolina
Continue reading “Lacson Pushes 2-Pronged Formula for ‘Breathing Room’ Amid Soaring Fuel Prices”

Kapihan sa Senado forum | Nov. 15, 2018

At the Kapihan sa Senado forum, Sen. Lacson answered questions on:
– return of the Balangiga Bells from the US to PH
– portrayal of PNP leadership in ‘FPJ’s Ang Probinsyano’
– suspension of excise tax on fuel products in 2019
– President Duterte’s supposed ‘power nap’ at the ASEAN Summit
– possible arrest of former First Lady Imelda Marcos
– bringing down VAT and cutting the number of exemptions
– possible Senate inquiry into recent killing of local executives
– rogue cops abusing their authority amid a pay raise starting January 2019
– prospective third telco
– DICT leadership change
– legislation transferring training of police recruits from PPSC to PNP
– ‘rampant corruption’ at Customs
– possible extension of martial law in Mindanao

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Quotes from the interview… Continue reading “Kapihan sa Senado forum | Nov. 15, 2018”

Kapihan sa Senado forum | Aug. 2, 2018

At the Kapihan sa Senado forum, Sen. Lacson answered questions on:
– House leadership change and Mayor Sara Duterte’s alleged role
– Lamitan suicide bombing
– Internal cleansing vs scalawags in the PNP
– Charter change and federalism
– Using seized smuggled high-end vehicles vs criminals
– firing of Deputy Ombudsman Carandang
– US proceedings vs Janet Napoles
– TRAIN-2 in the Senate
– proposed 60-40 joint exploration with China in the West PH Sea

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Quotes from the interview…
Continue reading “Kapihan sa Senado forum | Aug. 2, 2018”

Lacson believes VAT exemption privileges reduction key to solving TRAIN law problems [Manila Bulletin]

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From the Manila Bulletin: Lacson said the best way to counter the high cost of fuel and other petroleum products would be to limit the number of VAT exemptions being granted by the government.

Related:
Ibaba ang buwis: Bawasan ang VAT exemptions
Kung mababawasan ang 143 VAT exemptions…
Sen. Lacson proposes amendments to the Tax Reform Bill

Continue reading “Lacson believes VAT exemption privileges reduction key to solving TRAIN law problems [Manila Bulletin]”

Interview on DZBB | May 27, 2018

In an interview on DZBB, Sen. Lacson answered questions on:
– the National ID system
– tax reform measures

Quotes from the interview…  Continue reading “Interview on DZBB | May 27, 2018”

#PingTweets: On the TRAIN law

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Related:
Ibaba ang buwis: Bawasan ang VAT exemptions
Kung mababawasan ang 143 VAT exemptions…
Sen. Lacson proposes amendments to the Tax Reform Bill

Tulad ng lumang kasabihan, ang pag-aaral ang susi sa magandang kinabukasan at pinakamabisang paraan para hindi mabiktima ng naggagaling-galingan

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Kung TAX REFORM na PRO-POOR ang hangad natin, dapat walang mayayamang negosyo ang libre sa pagbabayad ng VAT, dahil sino ang sasalo? TAYO yan.

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Related:
At a Glance: Making VAT simpler, fairer and more efficient
Kung mababawasan ang 143 serbisyo at produktong libre sa VAT…

Kung mababawasan ang 143 serbisyo at produktong libre sa VAT, tataas ang koleksiyon sa buwis – isang batayan para posibleng ibaba ang VAT sa konsyumer

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#PingSays: On VAT exemptions, alleged executions, questionable claimants in DPWH’s 2018 budget | Nov. 28, 2017

In an interview, Sen. Lacson answers questions on:
– VAT exemptions in the Philippines
– alleged execution
– DPWH pool funds in the proposed 2018 budget

Quotes from the interview… Continue reading “#PingSays: On VAT exemptions, alleged executions, questionable claimants in DPWH’s 2018 budget | Nov. 28, 2017”

At a Glance: Making VAT Simpler, Fairer and More Efficient

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Sen. Lacson’s proposals to make the Value-Added Tax simpler, fairer and more efficient.
Continue reading “At a Glance: Making VAT Simpler, Fairer and More Efficient”

Ang ekonomiya parang lobong pilit na pinapalipad kahit na butas-butas dahil sa napakaraming VAT exemptions

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Related:
Ibaba ang VAT sa 10%
Bawasan ang VAT exemptions

Interview on DZBB | Nov. 26, 2017

In an interview on DZBB, Sen. Lacson answers questions on:
– DPWH claimants named John Doe and Unknown
– Merits of removing exemptions from the VAT
– Pork-like entries in the proposed 2018 budget
– NPAs as ‘terrorist’ group

Quotes from the interview… 
Continue reading “Interview on DZBB | Nov. 26, 2017”

May mga produkto at serbisyong walang VAT, pero mga mayayaman lang ang nakikinabang. Panahon na para patawan na rin ang mga ito

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Related:
Ibaba ang VAT sa 10%
Bawasan ang VAT exemptions

#PingTweets: We missed the TRAIN

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Related:
Ibaba ang VAT sa 10%
Bawasan ang VAT exemptions

Kung mababawasan ang mga exempted sa VAT, tataas ang pondo ng gobyerno at puwedeng maibaba ang presyo ng mga serbisyo at produkto

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Related: Ibaba ang VAT sa 10%

Dahil ang VAT ay nakapaloob sa presyo ng mga pangunahing pangangailangan ng ordinaryong mamamayan. Sino bang may ayaw nang mas mababang buwis?

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Related: Bawasan ang VAT exemptions

At the Senate Deliberations on the Tax Reform Bill

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