We congratulate Dr. Jim Yong Kim for his election as the new president of World Bank. The Philippines assures Dr. Kim of its continued support to the multilateral agency under his leadership as the Bank moves to ensure that sustainable and inclusive growth is experienced across all nations.
Read MoreTHE PHILIPPINES has thrown its support behind the United States nominee to the top World Bank post even as it emphasized its call for “democratizing” the selection process for the agency’s chief. “We would like to assure you of our support for Dartmouth College President Dr. Jim Yong Kim for the World Bank presidency,” Finance Secretary Cesar V. Purisima told US Ambassador Harry K. Thomas, Jr. in a letter.
Read MoreThe Bureau of Internal Revenue (BIR) today filed a criminal complaint with the Department of Justice against JEDVAM MANUFACTURING CORPORATION (JEDVAM), its President HENRY CHUA YU, Treasurer NORBERTO M. DUQUE and Import Manager JOSEPH YU for their willful failure to pay deficiency taxes for taxable years 2007 and 2008 despite demand, in violation of Section 255, in relation to Sections 253 (d) and 256, of the National Internal Revenue Code of 1997, as amended (Tax Code).
Read MoreThe Bureau of Internal Revenue (BIR) today filed a criminal complaint with the Department of Justice against ATTY. ABELARDO G. LUZANO (ATTY. LUZANO) for willful attempt to evade or defeat tax and deliberate failure to supply correct and accurate information for taxable years 2009 and 2010 pursuant to Sections 254 and 255 of the National Internal Revenue Code of 1997, as amended (Tax Code).
Read MoreThe Bureau of Internal Revenue (BIR) today filed a complaint affidavit with the Department of Justice against DR. SALVADOR GUNDAYAO AUSTRIA (DR. AUSTRIA) for willful attempt to evade or defeat tax, deliberate failure to file Income Tax Returns (ITRs) for taxable years 2002, 2003 and 2005; deliberate failure to supply correct and accurate information in his ITRs for taxable years 1999, 2000, 2001 and 2004; and deliberate failure to file VAT Returns for taxable years 1999 to 2005, all in violation of Sections 254, 255 and 275, in relation to Sections 24, 74(A), 105, 108, 114 and 236 of the National Internal Revenue Code of 1997, as amended (Tax Code).
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