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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

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 »