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Array ( [results] => Array ( [0] => Array ( [ArticleID] => 221943 [Title] => Seaweed industry seeks exemption from withholding tax [Summary] => The Seaweed Industry Association of the Philippines (SIAP) is seeking exemption from the one-percent withholding tax being collected from seaweed farmers by the Bureau of Internal Revenue (BIR).
SIAP, in a letter to BIR Commissioner Guillermo L. Parayno, said seaweed farmers are bearing the brunt of having to comply with the issuance this year by BIR of Revenue Regulation 17-2003, which levies a one-percent witholding tax on raw seaweed.
[DatePublished] => 2003-09-25 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1704647 [AuthorName] => Rocel Felix [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
SULU AND MUSLIM MINDANAO
Array ( [results] => Array ( [0] => Array ( [ArticleID] => 221943 [Title] => Seaweed industry seeks exemption from withholding tax [Summary] => The Seaweed Industry Association of the Philippines (SIAP) is seeking exemption from the one-percent withholding tax being collected from seaweed farmers by the Bureau of Internal Revenue (BIR).
SIAP, in a letter to BIR Commissioner Guillermo L. Parayno, said seaweed farmers are bearing the brunt of having to comply with the issuance this year by BIR of Revenue Regulation 17-2003, which levies a one-percent witholding tax on raw seaweed.
[DatePublished] => 2003-09-25 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1704647 [AuthorName] => Rocel Felix [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
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By Rocel Felix | September 25, 2003 - 12:00am
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President Ferdinand Marcos Jr. on Monday signed a new law that streamlines tax incentives for businesses in the Philippines, including the taxation of companies in special economic zones.
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