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BIR files P39-M tax evasion rap vs Tiu’s brother, sister-in-law

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Antonio Tiu (center). INQUIRER.net/Cathy Miranda

The Bureau of Internal Revenue (BIR) on Thursday filed in the Department of Justice (DOJ) a P39-million tax evasion case against the brother and sister in law of businessman Antonio Tiu, the alleged front in the acquisition of illegal wealth by Vice President Jejomar Binay when he was mayor of Makati City.

Posted: December 5th, 2014 in Editors' Picks,Headlines,Latest News Stories,Nation,Nation | Read More »

SC allows release of Sandigan SALNs

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Supreme-court-building

The Supreme Court has allowed the Bureau of Internal Revenue (BIR) to obtain copies of the statements of assets, liabilities and net worth (SALNs) of justices of the antigraft court Sandiganbayan.

Posted: December 3rd, 2014 in Latest News Stories,Nation | Read More »

Bonus tax cap seen to boost economy

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alan peter cayetano

Approving the proposed legislation to raise the tax cap on the Christmas bonus and other benefits may help to invigorate the economy so it will finish strongly in the fourth quarter, according to Sen. Alan Peter Cayetano.

Posted: November 29th, 2014 in Editors' Picks,Headlines,Latest News Stories,Nation,Nation | Read More »

School site in land swap deal costs higher

The 2-hectare property that is being swapped with the old site of the Bayambang Central School (BCS) is worth P9 million-P12 million, way below the value of the 100-year-old campus, which is at least P142 million, a group helping the school’s rehabilitation said.

Posted: November 13th, 2014 in Headlines,Regions | Read More »

BIR fights for lifting of TRO on alpha list

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Bureau of Internal Revenue building.  AFP FILE PHOTO

Government lawyers on Wednesday asked the Supreme Court to lift the restraining order it issued on the Bureau of Internal Revenue’s regulations requiring business, banking and financial sectors to submit an alphabetical list (alpha list) of portfolio investors receiving income payments and dividends.

Posted: October 22nd, 2014 in Latest News Stories,Nation | Read More »

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