The Bureau of Internal Revenue (BIR) today filed a criminal complaint with the Department of Justice against JOSE EDMUNDO J. TOGADO (TOGADO) for willful attempt to evade or defeat tax and deliberate failure to supply correct and accurate information in his Income Tax Return (ITR) for taxable years 2007, 2008 and 2009 in violation of Section 254 and Section 255 of the National Internal Revenue Code of 1997, as amended (Tax Code), as well deliberate failure to file Value Added Tax (VAT) returns and failure to register as VAT Taxpayer for taxable years 2007, 2008 and 2009 in violation of Section 275, in relation to Section 236 (G) (1) of the Tax Code.
Read MoreNew York City, 11 June 2012 – The Philippines’ economic leaders will hold a Non-Deal Roadshow (NDR) in key cities in the United States from June 11 to 15, on the heels of President Aquino’s state visit to Washington last week. Â Finance Secretary Cesar Purisima and Trade and Industry Secretary Gregory Domingo will meet with banks, credit rating agencies, and investor groups to provide an update of the Philippines’ fiscal and macroeconomic situation and milestones on the Aquino Administration’s governance reform agenda. The NDR will cover New York City, Boston, San Francisco and Los Angeles. The Philippine delegation also includes Treasurer Roberto Tan, Assistant Governor Cyd Amador of the Bangko Sentral ng Pilipinas (BSP) and Executive Director Claro Fernandez of the BSP’s Investor Relations Office (IRO).
Read MoreBIDDING for the sprawling Food Terminal, Inc. (FTI) in Taguig City will finally begin this month after years of delay and three failed biddings in the past, the Privatization Management Office (PMO) said on Monday.
Read MoreThe Bureau of Internal Revenue (BIR) today filed a criminal complaint with the Department of Justice against GLORIMART TRADING, INC. (GLORIMART) and its President GLORIA G. NAVARRO and Treasurer LUIS NAVARRO for willful attempt to evade or defeat tax, willful failure to file Income Tax Return (ITR) and to pay tax thereon, and deliberate failure to supply correct and accurate information in its Value Added Tax (VAT) Return for the fiscal year ended June 2008, in violation of Sections 254 and 255 of the National Internal Revenue Code of 1997, as amended (Tax Code).
Read MoreTHE BUREAU of Local Government Finance (BLGF) has made more stringent the requirements for local government units (LGUs) applying for authority to borrow money from banks and other financial institutions.
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