Home » Posts tagged with » Kim S. Jacinto-Henares

Tax reduction will deprive gov’t of P55B

The Bureau of Internal Revenue (BIR) is expecting to lose P55 billion and even more annually if the income tax (IT) rates for individual and corporation are reduced to a uniform schedule of 25 percent from the current 32 percent.

Tax court orders arrest of film director Caparas

The Court of Tax Appeals has issued another warrant of arrest against film director Carlo J. Caparas in connection with the P540 million multiple tax evasion case filed against him by the Bureau of Internal Revenue (BIR) and the Department of Justice (DoJ) in 2010.

Continue reading …