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BIR seizes P5.4 billion worth of illicit cigarettes
The trade of illicit cigarettes remains a problem with the Bureau of Internal Revenue unearthing P5.4-billion in tax liabilities from its latest operation......»»
Tax Notes: BIR clarifies tax treatment of interest on borrowings
Tax Notes: BIR clarifies tax treatment of interest on borrowings.....»»
Tax Notes: Online sellers subject to 1% expanded withholding tax
Tax Notes: Online sellers subject to 1% expanded withholding tax.....»»
DOF drops income tax hike for dividend income
The Department of Finance revised the proposed Passive Income and Financial Intermediary Taxation Act to drop a planned increase in the income tax rate for dividend income......»»
Tax credit scam: 5 ex-DOF execs get 8 years
The Sandiganbayan has affirmed the conviction of five former officials of the Department of Finance for graft over the multibillion-peso tax credit scam in the 1990s......»»
DOF limits tax-exempt status for pickup trucks
The Department of Finance is pushing for only one kind of pickup truck to remain tax-exempt as it insists on the removal of special excise treatment on all other types......»»
Revenue loss due to PIFITA may hit P126 billion
The government may have to forgo P126 billion in revenues over the next five years from the remaining tax reform package that seeks to simplify the tax system......»»
Cops seize 45 boxes of imported cigarettes in Sulu
Policemen on Sunday confiscated 45 large boxes of cigarettes from Indonesia ready for delivery to local buyers. These were found in a barangay in the seaside Indanan town in Sulu......»»
P21 million worth of smuggled cigarettes confiscated in Sarangani
The police seized P21 million worth of cigarettes from Indonesia in an anti-smuggling operation in Glan, Sarangani on Saturday......»»
P64 million smuggled cigarettes seized off Tawi-Tawi
Smuggled cigarettes with an estimated market value of P64 million were seized in the waters off Tawi-Tawi on Saturday......»»
2 arrested, P9.7-M smuggled cigarettes seized
2 arrested, P9.7-M smuggled cigarettes seized.....»»
Smuggled cigarettes seized in Cotabato
Smuggled cigarettes with an estimated market value of P1.4 million have been seized in a police operation in this city......»»
P1.4-M worth imported cigarettes seized in Cotabato City
The police will turn over this week to the Bureau of Customs the P1.4 million worth imported cigarettes seized in a nighttime anti-smuggling operation at a riverside barangay here just this weekend......»»
P1.4-M smuggled cigarettes seized
P1.4-M smuggled cigarettes seized.....»»
7 missing as pirates take over boat carrying smuggled cigarettes
Seven of 11 seafarers who were supposed to deliver smuggled cigarettes are missing since Monday after pirates divested them of their merchandise and forced them to jump out of their watercraft in an attack in the western seas of Maguindanao del Norte province......»»
P2.7-M worth imported cigarettes seized in Maguindanao del Norte
Vigilant merchants and policemen on Sunday intercepted a truck carrying P2.7 million worth of imported cigarettes in Sultan Kudarat, Maguindanao del Norte......»»
Customs seizes P28 million smuggled cigarettes
The Bureau of Custom confiscated nearly P28 million worth of smuggled cigarettes in Mindanao as the illegal entry of the commodity remains rampant......»»
P114-M smuggled cigarettes seized in Zamboanga City
P114-M smuggled cigarettes seized in Zamboanga City.....»»
What to expect from Sec. Ralph Recto leadership at DOF
Former senator, former NEDA Secretary, congressman, and deputy speaker until this week, and now Secretary of the Department of Finance (DOF), Ralph Recto has a colorful and multiple experience in both the Legislative and Executive branches of the government......»»
Diokno turns over DOF helm to Recto
Secretary Ralph Recto started the ball rolling as he formally took over the helm of the Department of Finance, with former DOF chief and now Monetary Board member Benjamin Diokno handing over the agency in a simple ceremony yesterday......»»