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PRESIDENT Rodrigo R. Duterte wants a shift to gross earnings as base for businesses’ income tax, but experts were cautious, saying such a base may make the tax simpler to enforce but unfair.

BILLIE JEAN KING once said, “Champions keep playing until they get it right.” In sports and in business, those who work hard and persevere are rewarded.

ALL APPLICATIONS for tax clearance required of prospective bidders for government contracts can soon be filed in regional offices of the Bureau of Internal Revenue (BIR).

FILIPINOS with overdue tax payments may start availing of tax amnesty later this month, following the release of the official guidelines by the Bureau of Internal Revenue (BIR).

THE PHILIPPINES’ rank in terms of innovation was unchanged from a year ago, despite “high scores” in business environment, education and information and communications technology (ICT), according to an annual report of the Cornell University, INSEAD and the World Intellectual Property Organization (WIPO).

REAL ESTATE tycoon Manuel B. Villar, Jr. is now the country’s richest man, rising past other Filipinos on Forbes Magazine’s annual list of world billionaires released on Tuesday.

THE business process outsourcing (BPO) industry is looking at an uncertain future where large global corporations either re-shore jobs or diversify their outsourcing destinations in response to the impact of the novel coronavirus pandemic on business.

MORE than half of the 100 flagship projects under the government’s infrastructure program is expected to be completed by 2022, while nearly half will be funded through official development assistance (ODA), according to a preliminary copy of the revised list was sent by Albay Rep. Jose Maria Clemente “Joey” S. Salceda to reporters on Friday.

THE weather that Sunday was beautiful, said Jose Ricardo “Pepi” Casas who was in Tagaytay for a family reunion. The skies were clear and there was no sign that just a few hours later, the nearby Taal Volcano would explode, spewing ash, steam, and rocks into a cloud that reached a kilometer into the air.

MEXICO’s Coca-Cola FEMSA will sell its controlling stake in its Philippine operations to the Coca-Cola Co., which will take over operations here via its Bottling Investments Group (BIG), the Coca-Cola Co. said.

PROPERTY DEVELOPERS and local government units (LGUs) alike are rushing to get a slice of the robust demand for real estate projects in the so-called Bay Area, with the Philippine Reclamation Authority (PRA) awash with almost two dozen applications to reclaim more land along the Manila Bay coastline.

THE PHILIPPINE peso has defied a yawning current-account deficit to emerge as Asia’s best-performing currency in February. And it may continue to surpass its peers.