The Inflation Reduction Act imposes a 1% excise tax on certain repurchases of stock of publicly traded US corporations (“Covered Corporations”) effected after December 31, 2022 (the “Excise Tax”).[1] ...

The government is currently reviewing the conditions for the proposed reduction and suspension of the excise tax on fuel products, Malacañang said on Thursday. This came after President Ferdinand R.

More than 230 years ago, one of the first acts of the First Congress in 1789 included a relatively mundane, but important, tax policy allowing a refund on excise taxes. Unfortunately, this has become ...

When considering compensation and benefits packages to lure and retain top executives or talent, nonprofit organizations, including universities and hospitals, are often at a disadvantage compared to ...

I am honored to write for Morningstar, and I hope you find my content useful. I work with advisors to help their clients avoid making technical and operational mistakes with their tax-deferred ...

Despite certifying the measure as urgent, President Ferdinand “Bongbong” Marcos Jr. said exercising the emergency power to temporarily suspend or reduce the oil excise tax is yet to be determined.

Pump prices could post a significant decline should President Ferdinand “Bongbong” Marcos Jr. secure emergency powers to suspend excise taxes on fuel, but any price drop will depend on whether he opts ...

President Ferdinand R. Marcos Jr. on Wednesday said the possible suspension of excise tax on oil products would depend on global price movements amid uncertainties stemming from tensions in the Middle ...