P7.6 trillion debt reflects a decrease of P79.0 billion from end December 2013 figure
Ratio improved 7 percentage points from 44.3% figure posted in 2009
Read MoreBureau of Customs (BOC) officials at the Ninoy Aquino International Airport (NAIA) seized a mail parcel from Africa which was declared as ‘letters and cards’ but actually contained over 600 pieces of United States Postal Money Order amounting to around P28-Million.
Read MoreBureau of Internal Revenue Commissioner Kim S. Jacinto-Henares was appointed by the United Nations (UN) Secretary General Ban Ki Moon as a member of the UN Committee of Experts on International Cooperation in Tax Matters in accordance with Economic and Social Council (ECOSOC) Resolution 2004/69.
Read MoreThe Bureau of Internal Revenue (BIR) is reminding everyone that Section 112 of the National Internal Revenue Code, as amended (NIRC), governs the period relating to the processing of VAT refund/credit. This has been in existence since January 1, 1998, the year the NIRC took effect.
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