The Bureau of Internal Revenue (BIR) today filed a criminal complaint with the Department of Justice against PKC INTERNATIONAL TRADING CORPORATION (PKC), its President JEREMY Z. KALAW, its Chief Operating…
The Bureau of Internal Revenue (BIR) today filed a criminal complaint with the Department of Justice against PHILPACKAGING CORPORATION (PHILPACKAGING), its President CAMINO D. BENEDICTO, and its Treasurer JUANITO L.…
January to August Fiscal Deficit at P 71.208 Billion. 18 September 2012, Manila, Philippines: The January to August fiscal deficit of the National Government reached 71.208 billion. The National Government…
BIR up double-digits for sixth time in 2012 THE GOVERNMENT registered a P2.523-billion surplus in August, resulting from revenues expanding 4.2% year-on-year to P129.408 billion, and expenditures expanding 10.4% year-on-year…
To demonstrate the rigid processing of all meat products importations the Bureau of Customs (BOC) has adapted to ensure that only properly documented imported meat are able to get through…
Bureau of Customs (BOC) Commissioner Ruffy Biazon today turned over to the Technical Education and Skills Development Authority (TESDA) an estimated 520,000 board feet of smuggled lumber worth over Php26…
Bidding slated on October 18 The Philippine Deposit Insurance Corporation (PDIC) announced that preparations for the bidding to rehabilitate the closed Export and Industry Bank (EIB) are proceeding smoothly. It…
In its efforts to restructure the excise taxes on tobacco and alcohol products, the Finance department is looking at models from other countries who are now enjoying substantial revenue increases…
For the month of August 2012, the BIR collected Php 96.76 billion in tax revenues, Php 8.83 Billion or 10.04% more than collections made in August of 2011. For the…
On September 13 and 14, 2012, the Finance Department's anti-corruption unit, Revenue Integrity Protection Service (RIPS), initiated complaints anew with the Office of the Ombudsman against JOSE PARAS DIMATULAC, Customs…
