Revenue collections of the Bureau of Internal Revenue are broken down into two, namely: (1) from BIR Operations all collections except those resulting from government borrowings by the Bureau of Treasury, and (2) from non-BIR Operations final withholding taxes on interest payments due on and documentary stamp taxes due from government debt securities issued by the Bureau of Treasury.
Read MoreCLAIMS of tobacco and liquor companies against the proposed sin tax reform are exaggerated and taken out of context, an official said, standing pat on the benefits of excise tax reform.
Read MoreThe fate of a number of revenue officials were sealed when the Office of the Ombudsman handed down preventive suspensions, criminal indictments, and a lone dismissal from the service against them.
Read MoreCUSTOMS clerk PAULINO C. ELEVADO IV, whose infamous escapade on board a white Porsche was pressed by the Finance Department-led Revenue Integrity Protection Service (RIPS) on February 17, 2012 with administrative and criminal charges for Serious Dishonesty and Conduct Prejudicial to the Best Interest of the Service under Revised Rules on Administrative Cases in the Civil Service (RRACS), as well as violations of Section 7, Anti-Graft and Corrupt Practices Act and Section 8, Code of Conduct and Ethical Standards of Public Officials and Employees.
Read MoreCountless Filipino lives may have been saved from the recent seizure of over Php400 million worth of illegally imported fake medicines, cell phone batteries and cell phone chargers among others, by operatives of the Bureau of Customs (BOC) Intellectual Property Rights Division (IPRD), an operating unit of the BOC’s Intelligence Group (IG) under Deputy Commissioner Danilo Lim, which arrived at the Port of Manila from China via Hong Kong late last year.
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