The Bureau of Internal Revenue highlights overwhelming growth in sin tax collection as an indication of the inconclusiveness of a report alleging the fast-rising illegal cigarette trade in the country.
Read MoreAfter their foiled attempt to illegally slip two forty footer container vans of Pigeons, Peking Duck, Chicken and Piglet from China in October 15, 2012, a trader and his broker were formally charged today by Bureau of Customs officials led by Customs Commissioner Ruffy Biazon at the Department of Justice (DOJ) for violation of certain provisions of the Tariffs and Customs Code of the Philippines (TCCP) and the Revised Penal Code.
Read More“We congratulate and thank our partners in the Senate, especially our sponsor Senator Frank Drilon, for passing the sin tax bill on third and final reading. We also thank all advocates who have tirelessly pursued this urgent reform, especially those who have done so the past 15 years.
Read More“We congratulate and thank our partners in the Senate, especially our sponsor Senator Frank Drilon, for passing the sin tax bill on third and final reading. We also thank all advocates who have tirelessly pursued this urgent reform, especially those who have done so the past 15 years.
Read MoreFor the month of October 2012, the BIR collected Php 86.1 billion in tax revenues, Php 15.6 Billion or 22.13% more than collections made in October of 2011, and substantially meeting the BIR revenue target of P86.18 Billion for the month. For the period January to October 2012, the BIR collected Php 858.6 Billion in tax revenues, Php 101.81 Billion or 13.45% more than collections made for the period January to October of 2011.
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