Quantcast
Latest Stories
Home » Commissioner Kim Jacinto-Henares You are browsing entries tagged with “Commissioner Kim Jacinto-Henares”

Surplus campaign funds taxable–BIR

By

Any surplus from campaign funds that a candidate appropriates for himself becomes a taxable income that should be declared in the income tax return, according to Commissioner Kim Jacinto-Henares of the Bureau of Internal Revenue (BIR). Henares likened the unspent donation to a sudden manna, which the BIR taxes. “The analogy there is, if you’re […]

Posted: June 24th, 2011 in Latest News Stories,Nation | Read More »

Advertisement
Advertisement
Marketplace
Advertisement