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Tag: tax

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Vanity Tax on Cosmetic Procedures Might Be Pushing Through After All

The Senate has agreed at a percentage.
The first time we heard of the vanity tax reform bill was in January, with a lawmaker proposing additional taxes for beauty products and procedures in place of fuel. It was faced with widespread criticism, so much that the representative who proposed
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Lawmaker Proposes Additional Taxes for Beauty Products

And received support from members of the house of representatives, too.
A 10 to 30 percent increase in the price of beauty products and services might be in the works. Ako Bicol party-list Rep. Rodel Batocabe has proposed a "vanity tax" that will impose additional taxes on cosmetic products and procedures.If approved, it will
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This New Customs Law Will Change the Way You Shop Online

Imports below P10000 are now tax-free!
Good news to all shoppers out there! Import goods worth under P10000 are exempted from tariff and taxes starting October 5.According to Customs Administrative Order (CAO) 02-2016, Bureau of Customs Commissioner Nicanor Faeldon said that the order covers imported goods with de