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DOF urged to junk BIR’s tax refund circular

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Twenty local and foreign business groups and industry associations have filed a joint letter and position paper urging the Department of Finance to junk the controversial circular on tax refund.

Posted: November 6th, 2014 in Headlines | Read More »

Tax refund rule expected to cut red tape, prevent corruption

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The Bureau of Internal Revenue (BIR) on Tuesday reiterated that the controversial circular it released in June, which governed the processing of investors’ tax credits and refunds, was a mere implementation of rules put in place 16 years ago.

Posted: November 5th, 2014 in Latest Business Stories | Read More »

BIR collections rise by 22.87%

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Tax collections of the Bureau of Internal Revenue (BIR) last September jumped by over a fifth year on year and exceeded its monthly target mainly on the back of a bigger haul from large taxpayers.

Posted: October 17th, 2014 in Latest Business Stories | Read More »

Biz Buzz: Leaving on a high note

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We hear that San Miguel Corp. chief Ramon Ang isn’t exactly ecstatic about giving up Philippine Airlines, which he nursed back to health for over two years.

Posted: September 19th, 2014 in Columnists,Featured Columns,Inquirer Columns | Read More »

Asean integration and REITs

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In 2009, our Congress passed into law the Real Investment Trust Act (Reita).

Posted: September 18th, 2014 in Columnists,Inquirer Columns | Read More »

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