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BIR fights for lifting of TRO on alpha list

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 »

Binay sold Tagaytay property in 2012, says lawyer

The 350-hectare property allegedly owned by the Binay family

Vice President Jejomar Binay sold his Tagaytay property in 2012, contrary to the claims of former Makati Vice Mayor Ernesto Mercado, Binay legal counsel Martin Subido said on Friday.

Posted: October 11th, 2014 in Editors' Picks,Headlines,Latest News Stories,Nation,Nation | Read More »

Bill raising bonus tax ceiling passes

FILE PHOTO/congress.gov.ph

A measure proposing to remove the tax on the 13th-month pay, Christmas bonus and other employee benefits under P70,000 has been approved on third reading in the House of Representatives.

Posted: September 28th, 2014 in Latest News Stories,Nation | Read More »

Taxman cometh for celebs’ dentist, ADB staff

Commissioner Kim Henares

The Bureau of Internal Revenue (BIR) is going after a dentist known for having a celebrity clientele as well as two Manila-based businesswomen and several employees of the Asian Development Bank (ADB).

Posted: September 26th, 2014 in Headlines,Latest News Stories,Metro,Metro | Read More »

Mar Roxas: Lifestyle check to include Purisima

These days when the Quezon City Police District is finding a few “villains” within its own ranks, an old tarpaulin streamer from last year’s QCPD’s anniversary celebration seems to remind people at Camp Caringal that they have no shortage of “superheroes,” with Interior Secretary Mar Roxas donning a red cape and PNP chief Director General Alan Purisima picking up a shield. Can you recognize the other characters? LYN RILLON

Is it wrong for a policeman to be a millionaire? Not really, except if his monthly pay as a law enforcer could not explain his riches, Interior Secretary Mar Roxas said Wednesday as he disclosed that his department had begun finalizing a policy requiring all members of the Philippine National Police (PNP) to undergo a lifestyle check.

Posted: September 18th, 2014 in Headlines,Latest News Stories,Metro,Metro | Read More »