MANILA – The Philippine government said yesterday it plans to register an estimated 17 million undocumented workers so it can better address their needs. Read the rest of this entry »
Philippines to register undocumented workers
May 16, 2012
BIR vows to run after tax-evading vendors
January 30, 2012
THE Bureau of Internal Revenue (BIR) would go after public market vendors and smaller business establishments to ensure that they are complying with the mandatory issuance of official receipt. Read the rest of this entry »
Code-NGO made a killing on bonds, group says
December 12, 2011
IN SECURING the P1.4-billion reward for helping to depose former President Joseph Estrada, Social Welfare Secretary Corazon Soliman’s Code-NGO was able to release P100 million a year for its poor members, the Freedom from Debt Coalition disclosed at a House hearing on Friday. Read the rest of this entry »
10 ways to simplify your business and save on costs
December 5, 2011
MANILA, Philippines – Simplifying business operations increases productivity, reduces costs and heightens efficiency. This allows entrepreneurs to free up and manage their time better, so they can pursue their hobbies and other passions. Read the rest of this entry »
Code-NGO, RCBC used stealth, influence to gain from bonds scam
October 25, 2011
The Caucus of Development NGO Networks (Code-NGO) formed by known backers of both former President Arroyo and President Aquino and which acted as the secretariat of Kompil II, the umbrella organization which called for the removal, impeachment and ouster of former President Joseph Estrada, and its bank partner, Rizal Commercial Banking Corp. (RCBC) of the Yuchengco group made a killing from the anomalous float of the so-called Poverty Eradication and Alleviation Certificates or PEACe bonds on Oct., 2001, using government connections, documents obtained by The Tribune showed. Read the rest of this entry »
Supreme Court stops BIR from taxing PEACe
October 19, 2011
THE Supreme Court (SC) has stopped the Bureau of Internal Revenue (BIR) from implementing a 20-percent final withholding tax (FWT) on P35-billion worth of Poverty Eradication and Alleviation Certificates (PEACe) bonds that matured on Tuesday. Read the rest of this entry »
Noynoy rejects Code NGO
October 19, 2011
While debates raged yesterday over the Bureau of Internal Revenue’s (BIR) belated decision to slap a 20 percent tax on the controversial Poverty Eradication and Alleviation Certificate (PEACe) bonds that matured yesterday needing the government to shell out P35 billion to pay for the P10 billion borrowings 10 years ago, the architect of the so-called zero bond float that counts among key figures in the Aquino administration appeared to be let off the hook. Read the rest of this entry »
8 banks oppose bond tax
October 18, 2011
Eight banks have asked the Supreme Court to stop the government from imposing and collecting a 20-percent final withholding tax on P35 billion worth of PEACe Bonds due today. Read the rest of this entry »
Banks buck tax on PEACe bonds
October 18, 2011
Govt wants P5 billion as certificates mature today
THIS is one anniversary that parties to issuance of controversial bonds ten years ago would rather not offer a toast to, even the buyers of the certificates who made a windfall from the purchase. Read the rest of this entry »
Bond probe manipulated, civil society group says
October 10, 2011
PRESIDENT Benigno Aquino III’s House allies on Sunday were accused of manipulating a probe of the P10-billion Poverty Eradication and Alleviation Certificates or Peace Bonds that taxpayers must begin paying for on Oct. 16 this year, and at a total cost of P35 billion. Read the rest of this entry »
