BIR insisting on 12% VAT on tollfee
March 30, 2010 10:19am CST
Greetings myLotters, especially to the Filipinos because this topic concerns them more. The Bureau of Internal Revenue (BIR) wants to implement a 12% VAT on tollfees. Fortunately, the Toll Regulation Board (TRB) are making a stand. They have asked for more time to consider the implementation of the said tax. Apparently, any toll rate changes have to be consulted with the board. Whew. I raised my eyebrows upon hearing this bit of news. I for one do not want, nor do I see the need, for a toll fee price hike. This would only start a rally for the transport groups to implement a fare hike. Why does the government have to just keep implementing taxes on everything? Isn't there any other way to get more revenue than putting VAT on everything? It hurts to pay so much tax when you know certain individuals are just pocketing them. Filipino myLotters, what do you think of this bit of news?
3 Apr 10
Because the system is so corrupt, they have to get more money for themselves. so they have to find more ways to tax the people. you can't do anything on this. they even wanted to tax the text messages and ask the telco company to lower their charges.
31 Mar 10
I do not see the need for tax to be implemented on toll fees. First, the government puts a 10% or 12% VAT on every goods being sold--- and that includes food, clothing, and everything we practically purchase which is, well, everything. It's bad enough that we have to pay taxes whenever we eat. Do we have to pay taxes now too just for driving somewhere? What is the purpose of all this? Isn't all the tax they implemented enough to satisfy the hunger of the greedy politicians out there pocketing OUR taxes? The people who only give importance to the people during the elections? Who buy their votes using the money they actually got from the citizens anyway? Ironic. Filipinos have enough taxes to give them headaches. They should stop playing around with people's lives as if they're nothing but fruits they have to juice up for all their greediness and to throw away when they have nothing left to take in them.
30 Mar 10
I saw the news too earlier and it is absurd! The lady who gave comment about the VAT is right. Roads are not that good and gas prices would not even go cheap instead higher-- How can the government let this happen. Of course they could not care less because they can afford it anyway and it would not even take their riches, for them it is only coins! I hope this country would have a president who really is wise and honest before things are too late! Every year is getting worse..
1 Apr 10
Exactly! They are now building the last leg of the skyway down at the southern area. It is causing a lot of traffic...in the express way! I get annoyed everytime the bus 'crawls' on the expressway. So in connection, now isn't really the best time to implement it... or ever! Yes, I really hope that with the new president this coming may, there would be good changes in our country.
30 Mar 10
I have to argee that to some extent its untimely and it will put more burden to our countrymen. Bir should take into consideration the prices of oil and gas lately. This is being absorbed by our motorists now if this vat will be implemented its like the multiplier effect to the motorists will be huge.Its hard to earn a living nowadays but understanding what the government wants is another thing. They should see for themselves how the people are having a hard time with the way they implement rules.Bir should just continue its pursuit against huge tax evaders instead of killing the poor people with lots of new taxes every now and then
31 Mar 10
Indeed, it certainly seems like the BIR hasn't been considering the people. Anyway, with or without the board's approval, i read in the newspaper that implementation of the tax on toll free will take effect on april 1. However, this may or may not cause an increase in the toll fee rate. But that remains to be seen. Unfortunately, the government stays mum between the fights of the agency. Useless government. Sheez.