By the staff
Having a bad week? Just think about the public relations team of Philippine Long Distance Telephone Co. after the “Last HOME Stand” charity event on Tuesday, when a series of activities between Gilas Pilipinas and a collection of NBA Stars was cancelled, angering fans who shelled out between P750 and P23,300 per ticket.
By Ben O. de Vera
It will be all systems go for the rollout of the Internal Revenue Stamps Integrated System (IRSIS), as all tobacco manufacturers as well as importers are expected to put tax stamps on cigarette packs starting September.
By Amy R. Remo
Japanese companies in the Philippines have urged the Bureau of Internal Revenue to “withdraw” a circular that adversely affects their right to negotiate for value added tax (VAT) refunds.
The Bureau of Internal Revenue on Thursday filed charges against seven Metro Manila companies and 13 individuals for allegedly evading the payment of about P390 million in taxes.
By the staff
Elated by the success of their hard-won campaign to overhaul the country’s excise tax system, civil society groups are now shifting gear from raising taxes on so-called “sin products” to ensuring proper collection and preventing tax evasion, particularly on cigarettes.