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

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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 »

BIR files 10 more tax evasion cases at the DOJ

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The Bureau of Internal Revenue (BIR) on Thursday announced it had slapped tax evasion cases against one company and nine individuals—among them five Filipino employees of the Manila-based multilateral lender Asian Development Bank (ADB) as well as the owner of a well-known bar and restaurant in Makati City.

Posted: September 12th, 2014 in Headlines | Read More »

Biz Buzz: Irreverent

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This administration takes pride in having attracted into government service a number of foreign-educated whiz kids who were supposedly so inspired by President Aquino’s “Walang Mahirap Kung Walang Corrupt” slogan, that they went back to the land of their birth, even if it meant massive pay cuts, just to serve the Filipino people.

Posted: September 3rd, 2014 in Columnists,Inquirer Columns | Read More »

Pasig food firm faces tax raps

The Bureau of Internal Revenue AFP FILE PHOTO

The Bureau of Internal Revenue filed a criminal complaint against a Pasig City-based agricultural food product merchandiser that allegedly owed the government more than P323 million in taxes.

Posted: August 1st, 2014 in Latest Business Stories | Read More »

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 »

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