The Bureau of Internal Revenue (BIR) today filed separate criminal complaints with the Department of Justice against Spouses JAMES LEE TIU (JAMES TIU) and ANN LORAINE B. TIU (ANN LORAINE TIU) for violating Sections 254 and 255 of the National Internal Revenue Code of 1997, as amended (Tax Code).
Read MoreThe Bureau of Internal Revenue (BIR) today filed separate criminal complaints with the Department of Justice against two (2) delinquent taxpayers from Manila – one (1) individual and one (1) corporate (including its responsible corporate officers) – for Willful Failure to Pay Taxes under the National Internal Revenue Code of 1997, as amended (Tax Code).
Read MoreAs of end-October 2014
Read More“I am pleased to note that the National Government has recorded a budget deficit of P2.5 billion in October 2014, 77% narrower than the year-ago deficit, as revenue collections maintain its quick-paced growth. The year-to-date budget deficit was at P33.6 billion, well-within the program.
Read More01 December 2014 Manila, Philippines – The National Government (NG) registered a P2.5 billion fiscal deficit in October, 77% lower than the amount posted in the same period last year as expenditures continued to grow at a slower pace than revenues.
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