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COA seeks Ombudsman probe on BIR collection automation contr

COA seeks Ombudsman probe on BIR collection automation contr
malaya.com.ph - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from malaya.com.ph Daily Mail and Mail on Sunday newspapers.

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ICRICT writes open letter to IMF Managing Director on Sri Lanka

Latest news, analysis and opinions from the Daily FT, Sri Lanka's only national business newspaper. ..

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Marcos told to settle estate tax to boost credibility - BusinessWorld Online

Marcos told to settle estate tax to boost credibility - BusinessWorld Online
bworldonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bworldonline.com Daily Mail and Mail on Sunday newspapers.

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CTA settles long-drawn controversy over Filipino ADB workers' salary taxability

The Court of Tax Appeals (CTA) has finally resolved in favor of the Bureau of Internal Revenue (BIR) the long-drawn controversy over the taxability of the salaries of Filipino employes of the Asian Development Bank (ADB).

The court en banc affirmed the decision of one of its divisions that "t

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Lacson to supporters: Time to stop being silent

Independent presidential candidate Sen. Panfilo Lacson asked his supporters to stop being silent and start making themselves heard on the need for Filipinos to elect a president who is not only untainted with corruption but is also competent and experienced to confront the daunting challenges faced by the country.

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Generals, ex-gov't officials bare manifesto of support for Lacson, say other bets incapable of leading PH are the ones who should back out

Nearly 300 retired police and military generals, as well as former government officials, publicly expressed their unswerving faith, trust and loyalty to presidential candidate Senator Panfilo ‘Ping’ M. Lacson in a signed manifesto of support amid his uphill battle in the May 9, 2022 national electio

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Mozambique/Global: "Most Egregious Corruption Case of the 21st Century"

Mozambique/Global: "Most Egregious Corruption Case of the 21st Century"
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DepEd pushes for renewed commitment to prioritize education investment

Believing that education investment is a mobilizer of coronavirus disease (COVID-19) recovery efforts and the futures of education, the Department of Education (DepEd) called for the renewal of commitment to prioritize education during an international meeting.

Photo taken at Mother of Good Coun

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An open letter to Biden on international corporate taxation

An open letter to Biden on international corporate taxation
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100 Filipino ADB employees lose bid to recover P34-M income tax

Published January 25, 2021, 1:41 PM
More than 100 Filipino employees of the Asian Development Bank (ADB) have lost their appeal to recover P33.7 million in income tax remitted to the Bureau of Internal Revenue in 2012.
The Court of Tax Appeals (CTA) en banc reversed the decision of one of its divisions granting the refund claim.
The court’s Special Third Division stated that ADB workers were entitled to get back the payment as Revenue Memorandum Circular 31-2013 imposing the tax was issued only in 2013, which cannot be applied retroactively, only prospectively like other regulations.
But the full court said the previous BIR administration committed an error for not issuing regulations collecting the tax following the ratification of the ADB charter sometime in 1966 in which the Philippine government retained its power to tax its citizens employed by the bank.

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