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#taxation — Public Fediverse posts

Live and recent posts from across the Fediverse tagged #taxation, aggregated by home.social.

  1. @MaximeCombes Ah beh si c'était ya 11 jours dans un article de @ladepeche.fr
    > Prix des carburants : "S'il y a une taxation des superprofits, il n'y aura plus jamais de plafonnement chez TotalEnergies", menace le PDG du groupe Patrick Pouyanné
    ladepeche.fr/2026/08/31/prix-d

    #Total #taxation

  2. @MaximeCombes Ah beh si c'était ya 11 jours dans un article de @ladepeche.fr
    > Prix des carburants : "S'il y a une taxation des superprofits, il n'y aura plus jamais de plafonnement chez TotalEnergies", menace le PDG du groupe Patrick Pouyanné
    ladepeche.fr/2026/08/31/prix-d

    #Total #taxation

  3. Philippines Supreme Court Upholds Law Granting VAT Refund To Foreign Tourists

    Remember the law granting value-added tax refund (VAT refund) to foreign tourists signed a few years ago? That law was challenged and recently the Supreme Court of the Philippines upheld the constitutionality of Republic Act 12079 (the act creating a VAT refund mechanism for non-resident tourists), according to a news report by GMA News.

    To put things in perspective, posted below is an excerpt from the report of GMA News. Some parts in boldface…

    The Supreme Court (SC) has upheld the constitutionality of a law that grants value-added tax (VAT) refunds on select local purchases by non-resident foreign tourists.

    In a 30-page decision, the SC En Banc dismissed a petition challenging the validity of Republic Act 12079, or an act creating a VAT refund mechanism for non-resident tourists, adding Section 112-A to the National Internal Revenue Code.

    Granting VAT refund to foreign tourists was not arbitrarily done. It is a policy decision based on legitimate state interests, i.e. the need to remain competitive as a global tourist destination,” the SC said.

    “In fine, foreign tourists may be granted privileges and benefits that are not extended to Filipino citizens, so as long as these distinctions are based on reasonable and justifiable classifications, as in here,” it added.

    According to the SC, the VAT refund applies to goods brought from duly accredited stores and taken out of the country within 60 days from purchase. The goods must be priced at least P3,000 per transaction.

    Meanwhile, the SC said Section 5 of the law’s implementing rules and regulations limit the refund to retail and tangible goods, including clothing, apparel, electronics, gadgets, jewelry, accessories, souvenirs, food or non-food consumables, and other items intended for personal use.

    The petitioner, however, argued that the law violates the constitutional guarantee of equal protection as it excludes Filipino citizens.

    For its part, the SC said equal protection does not require identical treatment for all persons.

    It said the act also distinguishes foreign tourists from Filipino citizens.

    According to the SC, the VAT refund system follows the basic rule of VAT that goods are taxed where they are consumed. If the goods are consumed in the Philippines, they remain subject to Philippine VAT.

    Meanwhile, the SC added that VAT refund for foreign tourists is a well-established international practice.

    The Philippines is among the last few countries in Asia to adopt such a system. Our Asian neighbors, Indonesia, Malaysia, Singapore, Thailand, Vietnam, China, and Japan have long implemented this VAT refund mechanism for foreign tourists,” it said.

    Let me end this post by asking you readers: What is your reaction to this recent development? Do you agree with the Supreme Court’s decision on the law about VAT refund for foreign tourists? Apart from the VAT refund for foreign tourists, what problems that plagued the Philippine tourism industry should the government solve this year?

    You may answer in the comments below. If you prefer to answer privately, you may do so by sending me a direct message online.

    +++++

    Thank you for reading. If you find this article engaging, please click the like button below, share this article to others and also please consider making a donation to support my publishing. If you are looking for a copywriter to create content for your special project or business, check out my services and my portfolio. Feel free to contact me with a private message. Also please feel free to visit my Facebook page Author Carlo Carrasco and follow me on Twitter at @CarloCarrascoPH as well as on Tumblr at https://carlocarrasco.tumblr.com/ and on Instagram athttps://www.instagram.com/authorcarlocarrasco

    #ASEAN #Asia #AssociationOfSoutheastAsianNationsASEAN #BankOfThePhilippineIslandsBPI #Bing #BongbongMarcos #business #businessNews #CarloCarrasco #ChatGPT #corruption #DepartmentOfTourismDOT #economicConfidence #economicDynamism #economicGrowth #Facebook #floodControlScandal #foreignTourists #foreignVisitors #geek #GMANetwork #GMANews #Google #GoogleSearch #governance #holiday #Instagram #internationalVisitors #Investagrams #justice #law #Marcos #news #Philippines #PhilippinesBlog #Pinoy #PresidentMarcos #publicService #RepublicActNumber12079RA12079 #socialMedia #SoutheastAsia #SupremeCourt #tax #taxation #taxes #technology #tourism #tourismBlog #tourist #touristBlog #tourists #travel #travelBlog #Twitter #vacation #valueAddedTaxVAT #VATRefund #Visitors #WordPress #WordPressCom #worldTravel
  4. Philippines Supreme Court Upholds Law Granting VAT Refund To Foreign Tourists

    Remember the law granting value-added tax refund (VAT refund) to foreign tourists signed a few years ago? That law was challenged and recently the Supreme Court of the Philippines upheld the constitutionality of Republic Act 12079 (the act creating a VAT refund mechanism for non-resident tourists), according to a news report by GMA News.

    To put things in perspective, posted below is an excerpt from the report of GMA News. Some parts in boldface…

    The Supreme Court (SC) has upheld the constitutionality of a law that grants value-added tax (VAT) refunds on select local purchases by non-resident foreign tourists.

    In a 30-page decision, the SC En Banc dismissed a petition challenging the validity of Republic Act 12079, or an act creating a VAT refund mechanism for non-resident tourists, adding Section 112-A to the National Internal Revenue Code.

    Granting VAT refund to foreign tourists was not arbitrarily done. It is a policy decision based on legitimate state interests, i.e. the need to remain competitive as a global tourist destination,” the SC said.

    “In fine, foreign tourists may be granted privileges and benefits that are not extended to Filipino citizens, so as long as these distinctions are based on reasonable and justifiable classifications, as in here,” it added.

    According to the SC, the VAT refund applies to goods brought from duly accredited stores and taken out of the country within 60 days from purchase. The goods must be priced at least P3,000 per transaction.

    Meanwhile, the SC said Section 5 of the law’s implementing rules and regulations limit the refund to retail and tangible goods, including clothing, apparel, electronics, gadgets, jewelry, accessories, souvenirs, food or non-food consumables, and other items intended for personal use.

    The petitioner, however, argued that the law violates the constitutional guarantee of equal protection as it excludes Filipino citizens.

    For its part, the SC said equal protection does not require identical treatment for all persons.

    It said the act also distinguishes foreign tourists from Filipino citizens.

    According to the SC, the VAT refund system follows the basic rule of VAT that goods are taxed where they are consumed. If the goods are consumed in the Philippines, they remain subject to Philippine VAT.

    Meanwhile, the SC added that VAT refund for foreign tourists is a well-established international practice.

    The Philippines is among the last few countries in Asia to adopt such a system. Our Asian neighbors, Indonesia, Malaysia, Singapore, Thailand, Vietnam, China, and Japan have long implemented this VAT refund mechanism for foreign tourists,” it said.

    Let me end this post by asking you readers: What is your reaction to this recent development? Do you agree with the Supreme Court’s decision on the law about VAT refund for foreign tourists? Apart from the VAT refund for foreign tourists, what problems that plagued the Philippine tourism industry should the government solve this year?

    You may answer in the comments below. If you prefer to answer privately, you may do so by sending me a direct message online.

    +++++

    Thank you for reading. If you find this article engaging, please click the like button below, share this article to others and also please consider making a donation to support my publishing. If you are looking for a copywriter to create content for your special project or business, check out my services and my portfolio. Feel free to contact me with a private message. Also please feel free to visit my Facebook page Author Carlo Carrasco and follow me on Twitter at @CarloCarrascoPH as well as on Tumblr at https://carlocarrasco.tumblr.com/ and on Instagram athttps://www.instagram.com/authorcarlocarrasco

    #ASEAN #Asia #AssociationOfSoutheastAsianNationsASEAN #BankOfThePhilippineIslandsBPI #Bing #BongbongMarcos #business #businessNews #CarloCarrasco #ChatGPT #corruption #DepartmentOfTourismDOT #economicConfidence #economicDynamism #economicGrowth #Facebook #floodControlScandal #foreignTourists #foreignVisitors #geek #GMANetwork #GMANews #Google #GoogleSearch #governance #holiday #Instagram #internationalVisitors #Investagrams #justice #law #Marcos #news #Philippines #PhilippinesBlog #Pinoy #PresidentMarcos #publicService #RepublicActNumber12079RA12079 #socialMedia #SoutheastAsia #SupremeCourt #tax #taxation #taxes #technology #tourism #tourismBlog #tourist #touristBlog #tourists #travel #travelBlog #Twitter #vacation #valueAddedTaxVAT #VATRefund #Visitors #WordPress #WordPressCom #worldTravel
  5. Philippines Supreme Court Upholds Law Granting VAT Refund To Foreign Tourists

    Remember the law granting value-added tax refund (VAT refund) to foreign tourists signed a few years ago? That law was challenged and recently the Supreme Court of the Philippines upheld the constitutionality of Republic Act 12079 (the act creating a VAT refund mechanism for non-resident tourists), according to a news report by GMA News.

    To put things in perspective, posted below is an excerpt from the report of GMA News. Some parts in boldface…

    The Supreme Court (SC) has upheld the constitutionality of a law that grants value-added tax (VAT) refunds on select local purchases by non-resident foreign tourists.

    In a 30-page decision, the SC En Banc dismissed a petition challenging the validity of Republic Act 12079, or an act creating a VAT refund mechanism for non-resident tourists, adding Section 112-A to the National Internal Revenue Code.

    Granting VAT refund to foreign tourists was not arbitrarily done. It is a policy decision based on legitimate state interests, i.e. the need to remain competitive as a global tourist destination,” the SC said.

    “In fine, foreign tourists may be granted privileges and benefits that are not extended to Filipino citizens, so as long as these distinctions are based on reasonable and justifiable classifications, as in here,” it added.

    According to the SC, the VAT refund applies to goods brought from duly accredited stores and taken out of the country within 60 days from purchase. The goods must be priced at least P3,000 per transaction.

    Meanwhile, the SC said Section 5 of the law’s implementing rules and regulations limit the refund to retail and tangible goods, including clothing, apparel, electronics, gadgets, jewelry, accessories, souvenirs, food or non-food consumables, and other items intended for personal use.

    The petitioner, however, argued that the law violates the constitutional guarantee of equal protection as it excludes Filipino citizens.

    For its part, the SC said equal protection does not require identical treatment for all persons.

    It said the act also distinguishes foreign tourists from Filipino citizens.

    According to the SC, the VAT refund system follows the basic rule of VAT that goods are taxed where they are consumed. If the goods are consumed in the Philippines, they remain subject to Philippine VAT.

    Meanwhile, the SC added that VAT refund for foreign tourists is a well-established international practice.

    The Philippines is among the last few countries in Asia to adopt such a system. Our Asian neighbors, Indonesia, Malaysia, Singapore, Thailand, Vietnam, China, and Japan have long implemented this VAT refund mechanism for foreign tourists,” it said.

    Let me end this post by asking you readers: What is your reaction to this recent development? Do you agree with the Supreme Court’s decision on the law about VAT refund for foreign tourists? Apart from the VAT refund for foreign tourists, what problems that plagued the Philippine tourism industry should the government solve this year?

    You may answer in the comments below. If you prefer to answer privately, you may do so by sending me a direct message online.

    +++++

    Thank you for reading. If you find this article engaging, please click the like button below, share this article to others and also please consider making a donation to support my publishing. If you are looking for a copywriter to create content for your special project or business, check out my services and my portfolio. Feel free to contact me with a private message. Also please feel free to visit my Facebook page Author Carlo Carrasco and follow me on Twitter at @CarloCarrascoPH as well as on Tumblr at https://carlocarrasco.tumblr.com/ and on Instagram athttps://www.instagram.com/authorcarlocarrasco

    #ASEAN #Asia #AssociationOfSoutheastAsianNationsASEAN #BankOfThePhilippineIslandsBPI #Bing #BongbongMarcos #business #businessNews #CarloCarrasco #ChatGPT #corruption #DepartmentOfTourismDOT #economicConfidence #economicDynamism #economicGrowth #Facebook #floodControlScandal #foreignTourists #foreignVisitors #geek #GMANetwork #GMANews #Google #GoogleSearch #governance #holiday #Instagram #internationalVisitors #Investagrams #justice #law #Marcos #news #Philippines #PhilippinesBlog #Pinoy #PresidentMarcos #publicService #RepublicActNumber12079RA12079 #socialMedia #SoutheastAsia #SupremeCourt #tax #taxation #taxes #technology #tourism #tourismBlog #tourist #touristBlog #tourists #travel #travelBlog #Twitter #vacation #valueAddedTaxVAT #VATRefund #Visitors #WordPress #WordPressCom #worldTravel
  6. Are we all on the same page?

    ⏺️ [1] Use Free Software / Open Source 💿 💾 📀 🖥️ 🧭 🐧

    ⏺️ [2] Don't pay bad people 🐍 🐊 😠 😈
    a) 🏦 Don't use / pay banks (as much as poss) 🏡 = 🛖
    b) 💰 Avoid #Taxation / Pay cash

    ⏺️ [3] Maybe #Alt #Currency 🪙 #Monero or ANY non-bank exchange that suits you / #Free or #Probono work / a new idea / just not banks.

    Agree mostly? And can you boost that?

  7. 📢NPArevolut°R📢 Taxer les superprofits des pétroliers ; une revendication populaire: Selon un sondage YouGov pour le HuffPost, face à la hausse des carburants, 66 % des personnes interrogées souhaitent taxer les bénéfices exceptionnels que… 📢NPA-R #taxation #superprofits #pétrole #carburants

    Taxer les superprofits des pét...

  8. @renardboy Are we all on the same page?

    1⏺️ Use Free Software / Open Source 💿 💾 📀 🖥️ 🧭 🐧

    2⏺️ Don't pay bad people 🐍 🐊 😠 😈
    a) 🏦 Don't use / pay banks (as much as poss) 🏡 = 🛖
    b) 💰 Avoid #Taxation / Pay cash

    3⏺️ Maybe #Alt #Currency 🪙 #Monero or ANY non-bank exchange that suits you / #Free or #Probono work / a new idea / just not banks.

    Agree mostly? And can you boost that?

  9. Associated Press: IRS leader Bisignano declines to answer questions over unlawful taxpayer data disclosures to ICE. “The head of the IRS largely declined to answer questions about recent unlawful disclosures of taxpayer data when he was questioned by lawmakers at a congressional hearing on Wednesday, saying they happened before his tenure began.”

    https://rbfirehose.com/2026/03/05/associated-press-irs-leader-bisignano-declines-to-answer-questions-over-unlawful-taxpayer-data-disclosures-to-ice/
  10. CW: Taxation

    Why do I keep saying that landowners are the ones that should pay higher taxes?

    It's because it doesn't make sense to me that land ownership should be respected for "not paying into the system".

    Like, if you want to play this silly game that little boys play of territorialism in elementary school playgrounds, where they draw imaginary boundaries, then by all means do so.

    But for people who didn't consent to it, you gotta have a good reason why the respect for imaginary boundaries should be enforced.

    To make it really easy: don't tax improvements; just land ownership.

    #CanPoli #CanadaPoli #CanadianPoli #CanPolitics #CanadaPolitics #CanadianPolitics #Georgism #LandValueTax #LVT #Taxation

  11. CW: Taxation

    The Reddit comments regarding the following post are calling out how it is absolutely fair that BC assessment has reclassified Big Bang Cider's land use as "light industrial", but I don't think land use should be taxed more.

    Just land occupation should be taxed, and nothing else.

    (Of course, I'm probably the "anti-tax (except land)" equivalent of marxists: I'm probably missing nuance.)

    cbc.ca/news/canada/british-col

    #Georgism #LVT #CanPoli #CanadaPoli #CanadianPolitics #CanadianPoli #Taxation #LandValueTax

  12. @tuxom @largess Unfortunately, the top 1% are in charge of everything. Good luck with “progressive #taxation, banning or heavily #taxing carbon-intensive luxuries, and regulating corporations to reduce their #CarbonFootprint's.” We need to implement equality first.

    One way or another we need to overthrough the oppressors first.

  13. The wrong way to think about universal basic income is that it is a free handout given to the government to people who don't deserve it, paid for by illegitimate taxation of the earnings of others.

    The true basis for universal basic income is the moral fact that Nature belongs by right and in common to all the living, and that reclaiming the value of land for the common wealth is not taxation, because it is not assessed against anything which can be called private property in any legitimate sense.

    There is no and there cannot possibly be any moral claim to private ownership of any part of Nature. It is not logically possible to "tax" something which is inherently not owned because it is unownable.

    Land values are created solely through the aggregaate competitive demand for advantageous locations. They are not and cannot be created by any individual's actions, only via communal or community action, and therefore land values cannot possibly belong to any individual, but only to the community which creates them.

    No moral stigma should attach to anyone who chooses to live solely off of their rightful share of the common wealth, without contributing in any way to any productive effort, since that share represents the portion of Nature which they have been denied by the artificial, but necessary, grant of exclusivity of occupancy by society.

    In any advanced society, our labor saving inventions necessarily produce more than the input of human hands, or they would not be "labor saving devices", in the first place. The advanced of technology makes location more valuable and labor less valuable. It is neither possible nor desirable to have "full employment" in a technological society, but technology does not and cannot rescind the pre-existing common and equal right to the gifts and produce of Nature.

    #Georgism #UBI #LVT #JustRent #economics #taxation #HenryGeorge

    RE:
    https://hachyderm.io/users/scottsantens/statuses/112445770449726691

  14. Egyptian Fintech Startup Zeal Secures $4 Million to Fund Expansion to New Markets - The Egyptian fintech startup has revealed that it recently raised $4 million in fu... - news.bitcoin.com/egyptian-fint #africanfintech #capitalraise #taxation #fintech #africa #egypt

  15. The FT's focus on #taxation has moved on to the taxation of motoring;

    As they point out (currently) zero-rated #electricvehicles count for around one in six car sales & #fuelduty accounts for around 2% of all Govt. revenue; with no other changes the shift to EVs erodes the UK effective tax base.

    FT's solution is mile/road pricing. To manage this shift they suggest running the two systems in parallel with the latter managed via EV's internal software reporting.

    Q. is: who could sell this idea?

  16. @SharonCrockett @2hip2bL7 @StillIRise1963 Behind every great fortune are great crimes. Problem is we don’t always have those crimes spelled out for us in history books & Shakespearean plays. When it comes to British Royal #wealth we can see exactly where it came from. A millenium of wars, theft, #slavery, colonialism & accumulation.

    #1066 #royalfamily #GreatBritain #UnearnedRiches #Taxation #Coronation #NotMyKing #AbolishTheMonarchy #forfeiture