For the month of June 2013, the BIR collected Php88.76 billion in tax revenues, Php7.42 billion or 9.12% more than collections made in June 2012.
Read MoreThe Bureau of Internal Revenue (BIR) issued Revenue Regulations (RR) No. 11-2013 dated July 12, 2013 amending the requirements for deductibility of certain income payments under Section 2.58.5 of RR 2-98 as amended.
Read MoreThe Philippine Deposit Insurance Corporation (PDIC), the Receiver of the closed Rural Bank of Hagonoy (Davao del Sur), reminded borrowers of the bank to continue to pay their loans and transact only with authorized PDIC representatives.
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