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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Finance Formalizes Cluster Management to Spur Reform

Intent on streamlining and improving processes at the Finance department, Secretary Cesar Purisima recently issued an order to form management clusters in the Department of Finance to strictly enforce the…

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BIR raps Security Agency for tax evasion

The Bureau of Internal Revenue (BIR) today filed a criminal complaint with the Department of Justice against RED FOX SECURITY, INC. (RED FOX) and its responsible corporate officers President FELIPE…

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BIR raps One Serendra Unit Owner for unpaid taxes and for use of fake Certificate Authorizing Registration and Tax Clearance Certificate

The Bureau of Internal Revenue (BIR) today filed a criminal complaint with the Department of Justice against SHANK KAYE (KAYE) for Willful Attempt to Evade or Defeat Tax, Deliberate Failure…

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Biazon Pushes Transparency in BOC

The Bureau of Customs (BOC) reform program goes on second gear. While waiting for the Department of Finance’s (DOF) approval on his proposed reshuffling of district collectors, Customs Commissioner Ruffy…

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