Banks this month started to implement the uniform 20% final withholding tax (FWT) on interest income, regardless of the term ...

THE Department of Finance (DOF) made clear that interest income from bank deposits—not the savings—will be taxed at a uniform rate of 20 percent to “correct an unfair system” that favors the rich. In ...

IT was a muggy afternoon, and amid my trying to keep cool while writing my news story for the day, I received a text message from what I believed was Smart, my telco provider. “Smart reminds you: Your ...

Public backlash is growing over parts of the Capital Market Efficiency Promotion Act (CMEPA), particularly provisions on taxing interest from bank deposits. And the Department of Finance (DOF) has ...

Have you received a text message from an official-looking number that uses conyo speak? "KasKasan Buddies," an online community specializing in credit ...