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‘Sin’ tax take exceeds target

INQUIRER/AFP FILE PHOTOS

Collections of so-called ‘sin’ taxes from alcohol and cigarette products exceeded the Bureau of Internal Revenue’s September target by 45.5 percent.

Posted: October 23rd, 2014 in Editor's Pick,Headlines | Read More »

BIR to appeal local court ruling exempting Filipino ADB employees from income tax

By
Internal Revenue Commissioner Kim Henares. INQUIRER FILE PHOTO

The government shall appeal the Mandaluyong court ruling stating that Filipino employees of the Manila-based multilateral lender Asian Development Bank (ADB) are exempted from paying income taxes.

Posted: October 2nd, 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 »

Biz Buzz: Kim strikes back

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It didn’t take long for Commissioner Kim Henares of the Bureau of Internal Revenue to recover her footing after one of her key tax policies suffered a crippling blow at the hands of the Supreme Court.

Posted: September 12th, 2014 in Columnists,Inquirer Columns | Read More »

‘Sin’ tax take exceeds target

By
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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