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BIR probes tax payments of banks, insurers

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Bureau of Internal Revenue. AFP PHOTO

Tax collections for June fell short of the state’s ambitious monthly target yet again, prompting authorities to look into the effects on businesses of slow government spending and the City of Manila’s truck ban.

Posted: July 19th, 2014 in Editor's Pick,Headlines | Read More »

BIR misses collection target anew

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Bureau of Internal Revenue. AFP PHOTO

Tax collections of the Bureau of Internal Revenue (BIR) in the month of May grew at a double-digit rate, although still short of the agency’s target.

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

Customs revenue growth slows sharply

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Bureau of Customs (BOC) building INQUIRER FILE PHOTO

The Bureau of Customs missed its collection target for April as revenue growth slowed sharply to less than half of the previous month’s expansion despite a slew of reforms implemented by its new chief.

Posted: May 27th, 2014 in Editor's Pick,Headlines | Read More »

Revenge of the taxpayers

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Judging from the tax collections last April, it looks like the name-and-shame campaign of the Bureau of Internal Revenue (BIR) failed to accomplish its objective.

Posted: May 23rd, 2014 in Columnists,Featured Columns,Inquirer Columns | Read More »

BIR sets detailed tax audit after slow collection in April

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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 FILE PHOTO/RICHARD A. REYES

The Bureau of Internal Revenue (BIR) has announced plans for more detailed audits of taxpayers suspected of hiding profits from the government as part of efforts to boost collections.

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

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