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FPI urges Mighty Corp. to answer tax fraud allegations


The country’s biggest organization of domestic manufacturers has joined calls urging homegrown cigarette firm Mighty Corp. to answer the allegations that it has been engaging in “systematic and endemic” tax fraud.

Posted: November 24th, 2014 in Latest Business Stories | Read More »

Tax on stock options


Revenue Commissioner Kim Jacinto-Henares has just made the holiday season less merry for some people in the corporate world.

Posted: November 24th, 2014 in Columnists,Featured Columns,Inquirer Columns | Read More »

PH medium firms said to struggle with high tax rates


The rate of taxes slapped on medium-sized businesses operating in the Philippines remained one of the highest in the Asia Pacific, exceeding both the regional and global averages, according to a joint report of World Bank and global professional services network and auditor PricewaterhouseCoopers (PwC).

Posted: November 22nd, 2014 in Headlines | Read More »

BIR tax take up 6.5% in Oct

bir building

Tax collections in October rose by 6.5 percent year-on-year, but it still fell short of the target for the month.

Posted: November 18th, 2014 in Editor's Pick,Headlines | Read More »

Japan economy enters recession after surprise Q3 contraction

Shinzo Abe

Japan’s economy sank into a recession as the economy contracted in the July-September quarter, official data showed Monday, making it almost inevitable that Prime Minister Shinzo Abe will delay a sales tax hike and call snap elections.

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



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