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Hearing set in Olarte case

Leo Olarte, M.D., PMA president. PHOTO from www.philippinemedicalassociation.org

The Department of Justice has set the preliminary investigation into the tax evasion complaint against outgoing Philippine Medical Association (PMA) president Leo Olarte on April 28.

Posted: April 16th, 2014 in Latest Business Stories | Read More »

BIR continues to miss collection target

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Collections of the Bureau of Internal Revenue (BIR) in March rose by nearly a tenth from a year ago but still fell short of the government’s goal despite aggressive campaigns against tax evaders. INQUIRER PHOTO / RICHARD A. REYES

Collections of the Bureau of Internal Revenue (BIR) in March rose by nearly a tenth from a year ago but still fell short of the government’s goal despite aggressive campaigns against tax evaders.

Posted: April 16th, 2014 in Editor's Pick,Featured Gallery,Headlines,Photos & Videos | Read More »

Tobacco war spreads into BIR, House

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The output by the manufacturing sector, including tobacco products, grew by another double-digit pace in September, indicating that the country was taking the crucial first steps toward industrialization. AFP FILE PHOTO

The Bureau of Internal Revenue (BIR) has placed the factory and warehouses of the Mighty Corp. cigarette company under 24/7 surveillance in response to allegations that the manufacturer is a smuggler and a tax evader.

Posted: March 15th, 2014 in Latest Business Stories | Read More »

BIR misses January collection target

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Bureau of Internal Revenue building. INQUIRER FILE PHOTO

The Bureau of Internal Revenue reported a jump in tax collection in January from a year ago as it sustained an antitax evasion campaign that was aggressive enough to antagonize certain sectors. However, the tax collection for the month was short of the official target.

Posted: March 15th, 2014 in Editor's Pick,Headlines | Read More »

BIR releases second ad on doctors evading taxes

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FILE PHOTO

As if taunting a group of medical practitioners that already has expressed anger over insinuations that their industry is packed with tax evaders, the Bureau of Internal Revenue has released another print advertisement on doctors.

Posted: March 12th, 2014 in Latest Business Stories | Read More »

Rock and rule

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The Supreme Court, in a recent landmark decision, seemed to have scolded the Bureau of Internal Revenue over its practice of imposing its rules over and above international agreements such as tax treaties.

Posted: March 3rd, 2014 in Columnists,Editor's Pick,Inquirer Columns | Read More »

BIR tasked to collect P2T by ’15 to fund projects

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The Bureau of Internal Revenue is tasked to collect P2 trillion every year starting 2015, as the government is pressed to spend more on infrastructure and social services to combat poverty.

Posted: March 1st, 2014 in Headlines | Read More »

Microtel refutes ‘motel’ branding

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CONTRIBUTED PHOTO

Branding, and reputation, is everything. After being mentioned in an Inquirer article as one of the “top-paying motels and hotels,” Microtel Inn & Suites by Wyndham® clarified that they are not a “motel” but is accredited to operate as a hotel.

Posted: February 28th, 2014 in Latest Business Stories | Read More »

Large taxpayers said to operate below BIR radar

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The Department of Finance (DOF) said that, were it not for rampant tax evasion in the business sector, there would be more “large taxpayers” in the country, even double than that on the existing list.   Finance Secretary Cesar Purisima said that, at present, there were a little over 2,000 enterprises on the Bureau of [...]

Posted: February 28th, 2014 in Headlines | Read More »

Some bus firms involved in accidents either paid measly taxes or none at all

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Police and rescuers retrieve bodies of passengers after a bus veered off a mountain road in Bontoc town, Mountain Province, Friday, Feb. 7, 2014. AP FILE PHOTO

Some bus companies involved in the most number of road accidents in the country have suspiciously low income tax declaration while seven big bus companies failed to file income tax returns in 2012, according to the Bureau of Internal Revenue.

Posted: February 26th, 2014 in Latest Business Stories | Read More »

BIR to run after PUV operators

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Bureau of Internal Revenue building. INQUIRER FILE PHOTO

The Bureau of Internal Revenue is in talks with the Land Transportation Franchising and Regulatory Board to draw up a system to curb tax evasion in the transport sector.

Posted: February 14th, 2014 in Latest Business Stories | Read More »

Small stores, farmers, fishers, others should pay taxes—BIR

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Bureau of Internal Revenue building. INQUIRER FILE PHOTO

The Bureau of Internal Revenue said owners of small “sari-sari” (variety) stores, farmers, fishermen, single-unit tricycle operators and other marginal income earners (MIEs) are still liable to pay tax.

Posted: February 12th, 2014 in Latest Business Stories | Read More »

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