Browsing All posts tagged under »tax«

DOF seeks quick action on tax evasion cases

January 7, 2013

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MANILA—The Department of Finance is pushing for quicker action on cases against alleged tax evaders, smugglers and erring government employees as the department vowed to go for a more aggressive anticorruption campaign. In a statement, Internal Revenue Commissioner Kim Henares said the bureau’s Run Against Tax Evaders (RATE) would now focus on self-employed professionals, specifically […]

Resolve Rallos claims, Filinvest asks Rama

December 9, 2012

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THE court lien on parcels of land at the South Road Properties (SRP) which were earmarked for a joint venture with Filinvest Land Inc. (FLI) is making it difficult for the real estate developer to already market condominium projects in adjacent lots. “Although we’re not yet developing and marketing the property (under lien), it is […]

Revenue collection can’t fund proposed budget – treasurer

November 27, 2012

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Cebu City Treasurer Emma Villarete yesterday said her office can only raise P4.8 billion from local sources to fund Mayor Michael Rama’s P6.7 billion proposed 2013 budget. Villarete told the City Council there was a need to pass legilsative interventions to enable Mayor Rama to “exercise his convincing power to raise the remaining P1.9 billion […]

Mandaue govt starts forfeiture vs delinquent real property taxpayers

November 22, 2012

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The Mandaue City government is set to forfeit real estate properties whose owners failed to settle real estate taxes despite the issuance of Warrants of Levy. Regal Oliva, city treasurer said that as of yesterday, they have issued 150 Warrants of Levy to owners of land, buildings, machineries and other improvements. “The Warrant of Levy […]

Sin Tax law advocates push petition in Senate

October 15, 2012

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The signature drive in Central Visayas that called for the passage of the sin tax bill gathered more than 50,000 signatures in about five months. Organizers of the signature drive however claimed to have reached about a million people, if the Facebook likes and shares, and open letter from organizations are taken into consideration. “The […]

DOH-7 secures Facebook, signature support for sin tax bill

October 12, 2012

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  ABOUT 50,000 signatures supporting the passage of a sin tax reform bill were gathered by the Department of Health in Central Visayas. However DOH said if one were to count the “Likes” and “Shares” of their anti-smoking campaign photo, their supporters count to a million. In the DOH-CHD-7 official Facebook page, a photo that […]

Recto gets back at Henares

October 12, 2012

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MANILA, Philippines—Saying he, too, lost sleep, Sen. Ralph Recto on Friday took exception to the Revenue Commissioner Kim Henares’ statement that finance department and internal revenue staff felt betrayed after working long hours to cooperate with the Senate committee on ways and means for a version of the sin tax reform bill acceptable to the […]

Miriam rejects Recto’s sin tax bill

October 12, 2012

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Manila — Senator Miriam Defensor-Santiago yesterday branded Senator Ralph Recto’s version of the sin tax bill as an “abject surrender to the very rich and very powerful tobacco and alcohol lobby.” “I am gobsmacked— speechless with amazement— at the committee report. It bears no recognizable resemblance to my bill. It is an abject surrender to […]

Lapu govt backs terminal expansion

October 11, 2012

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The Lapu-Lapu City government lent its support to the passenger terminal expansion of the Mactan Cebu International Airport. But Mayor Paz Radaza is reminded the Mactan Cebu International Airport Authority (MCIAA) anew to pay even just a portion of the airport’s P1.5 real property taxes it owes the local government unit. Mayor Radaza said it […]

Price tags sought for ukay-ukay products

August 26, 2012

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VENDORS of ukay-ukay or used clothes and goods should place price tags on their wares. The Cebu City Council passed a resolution for this purpose last week. Vendors should also issue receipts, said Councilor Alvin Dizon, who authored the resolution. “(We) likewise request the Bureau of Internal Revenue to monitor and inspect these ukay-ukay shops […]