Tax Philippines Latest Information

Tax Philippines Latest Information

Philippines Tax Man To Target Professionals
The Philippines Bureau of Internal Revenue (BIR) has received an instruction from Finance Secretary Cesar Purisima to formulate policies leading to a substantial increase in the income tax compliance of the country’s professionals and self-employed.

BIR Launches P1.003-T Tax Campaign
MANILA, Philippines — The Bureau of Internal Revenue (BIR) formally opens Thursday its 2012 tax campaign to raise more than P1 trillion this year. Top government officials, led by Finance Secretary Cesar Purisima and Revenue Commission Kim S. Jacinto-Henares, will attend the launching ceremonies at the Trinoma Mall in Quezon City this morning and at the Makati Sports Complex in Makati City this ...

Amid foreign-act invasion, bill pushes tax breaks for OPM
MANILA, Philippines -- A bill aimed at providing tax breaks for the local music industry has gained ground as Congress approved on third reading House Bill No. 4443, or known as the “Local Music Industry Incentives Act.”

Tax perks for music industry
TAGUIG Rep. Freddie R. Tiñga’s move to make the local music industry more competitive through tax breaks gained ground as Congress approved on third reading House Bill 4443, or known the “Local Music Industry Incentives Act.”

Tax notes: Assessment based on Relief system
THE Bureau of Internal Revenue (BIR) issued a preliminary assessment notice (PAN) and formal letter of demand with assessment notice (FAN) to a chemical company for deficiency value-added tax (VAT) and income tax due to non-declaration of importation.

Reform Of Philippine 'Sin Taxes' Gets Closer
The implementation of the proposed bill to reform alcohol and tobacco taxes, which is a top priority for the Philippines government while it continues its policy of not introducing new taxes, has come a step closer with its formal filing in parliament.

Former SSS president arraigned today
FORMER Social Security System (SSS) president Romulo L. Neri will be arraigned today at the Court of Tax Appeals (CTA), a senior official at the Bureau of Internal Revenue (BIR) revealed.

New York Post: Philippines is the New Capital of Call Centers
GNP: Americans calling the customer service lines of their airlines, phone companies and banks are now more likely to speak to Mark in Manila than Bharat in Bangalore. Over the last several years,... Proud To Be Kapuso! Visit Us! http://gmaseven.blogspot.com | Spread and Vote - The Kapuso Online Awards, A Viewer's Choice Special http://votegma7.blogspot.com/ | FOLLOW US ON TWITTER http ...

BIR started probing Corona's tax returns late Jan.
Tax Chief Kim Henares revealed that her office has started investigating Chief Justice Renato Corona on his filing of tax returns from 1992 to 2010 late January this year.

DOF mulls tax on oil importers
The government will tax oil importers to address smuggling, the Department of Finance (DOF) said on Monday.

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