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BIR files 10 more tax evasion cases at the DOJ

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The Bureau of Internal Revenue (BIR) on Thursday announced it had slapped tax evasion cases against one company and nine individuals—among them five Filipino employees of the Manila-based multilateral lender Asian Development Bank (ADB) as well as the owner of a well-known bar and restaurant in Makati City.

Posted: September 12th, 2014 in Headlines | Read More »

Fool’s disclosure

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The entire stock market is up in arms against the government rules on full disclosure that the Department of Finance imposed this year upon the urging of the Bureau of Internal—our beloved BIR.

Posted: September 8th, 2014 in Columnists,Inquirer Columns | Read More »

Defying Cavite

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The Aquino (Part II) administration has another brilliant idea to solve the multitude of problems arising from the operation of the Edsa light rail transit, known as MRT to its hundreds of thousands of despairing riders.

Posted: September 6th, 2014 in Columnists,Featured Columns,Inquirer Columns | Read More »

Making sense of taxes borne by the self-employed

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The Bureau of Internal Revenue AFP FILE PHOTO

Long before they landed a special mention in P-Noy’s State of the Nation Address (Sona) in 2011 as a sector registering average earnings ridiculously below the minimum wage, the self-employed have always been the apple of the Bureau of Internal Revenue (BIR)’s proverbial eye.

Posted: August 29th, 2014 in Headlines,Latest Business Stories | Read More »

‘Sin’ tax take exceeds target

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Internal Revenue Commissioner Kim Henares. INQUIRER FILE PHOTO

Total “sin” tax collections from the sale of alcohol and tobacco products were well above target in the first half of the year, providing extra cash to fund the government’s expensive infrastructure and social welfare projects.

Posted: August 22nd, 2014 in Headlines,Latest Business Stories | Read More »

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