Tax Watch: DOF Uses Statistics to Reveal Tax Anomalies

Finance Chief: Tax Evaders "Cannot Hide" From Henares Broadening the tax base has always been a goal of Secretary of Finance Cesar V. Purisima. The finance chief however stressed the…

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P163.3 billion deficit for Public Sector in 2012

The Secretary of Finance today announced that in 2012 the overall deficit of the public sector was P163.3 billion, equivalent to 1.5% of GDP. This amount is P11.8 billion lower…

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BIR responds to complaints on new OR regulations

The full implementation of Revenue Regulation No. 18-2012 requiring the issuance and used of new sets of receipts on July 1, 2013 shall proceed as scheduled. Commissioner of Internal Revenue…

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