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US, Japan firms urge gov’t to curb illicit tobacco trade

The local chambers of Japanese and American firms have taken up the cudgels for their respective tobacco-manufacturing members to ask the government to stop the makers of “illicit” cigarettes currently flooding the market.

Posted: July 23rd, 2014 in Headlines | Read More »

BIR goes after coffee firm for P10B

By
Bureau of Internal Revenue. AFP PHOTO

The Bureau of Internal Revenue (BIR) on Thursday filed a complaint with the Department of Justice against the distributor of a popular coffee product and its retailer for failing to pay taxes amounting to almost P10 billion.

Posted: July 18th, 2014 in Latest Business Stories | Read More »

7 firms face tax evasion charges

Bureau of Internal Revenue. AFP PHOTO

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.

Posted: July 4th, 2014 in Latest Business Stories | Read More »

Ex-distributor of Red Bull, call center firm face tax violation raps

By
SCREENGRAB from www.epacificglobal.com

The government has sued the controversial former distributor of Red Bull energy drinks in the Philippines after the firm ignored several demands to settle its deficiencies with the Bureau of Internal Revenue (BIR).

Posted: June 5th, 2014 in Latest Business Stories | Read More »

BIR sets detailed tax audit after slow collection in April

By
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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