The Bureau of Internal Revenue (BIR) today filed separate criminal complaints with the Department of Justice against two (2) delinquent individual for Willful Failure to Pay Taxes under the National Internal Revenue Code of 1997, as amended (Tax Code).
Read MoreThe Bureau of Internal Revenue (BIR) today filed separate criminal complaints with the Department of Justice against six (6) Filipino Asian Development Bank (ADB) employees for Willful Failure to Pay Taxes for taxable year 2013 under Section 255 of the National Internal Revenue Code of 1997, as amended (Tax Code).
Read More25 September 2014 Manila, Philippines – The National Government (NG) recorded a P29.9 billion fiscal surplus in August, a 36% or P8.0 billion improvement over the surplus recorded a year ago. The resulting year-to-date deficit of P25.9 billion is 69% or P56.7 billion lower than comparable figures in 2013.
Read More“I am pleased to report that the National Government has posted a budget surplus of P29.9 billion in August, wider than the year-ago surplus, once again resulting from fast-paced expansion of revenue collections for the month. This brought the year-to-date budget balance to a deficit of P25.9 billion, well-within the program and narrower than comparable figures a year ago,” Finance Secretary Cesar Purisima said.
Read MoreThe Bureau of Internal Revenue (BIR) today filed a criminal complaint with the Department of Justice against DR. STEVE MARK G. GAN (DR. GAN) forWillful Attempt to Evade or Defeat Tax, Deliberate Failure to Supply Correct and Accurate Information in his Income Tax Return (ITR), and Willful Failure to file his Quarterly Value Added Tax (VAT) Returns, for taxable years 2009, 2010 and 2011, in violation of Sections 254 and 255 of the National InternalRevenue Code of 1997, as amended (Tax Code).
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