See the full statement from the Ministry of Finance below: Senior Finance Minister Dr. Ashni Singh today met with the incoming members of the Income Tax Board of Review, the Value Added Tax (VAT) Board of Review as well as the Customs Tariff Tri
Incoming BIR chief says will collect Marcos family's estate tax philstar.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from philstar.com Daily Mail and Mail on Sunday newspapers.
The Madras High Court has held that assessment proceedings under the Income Tax Act should be completed within a reasonable period of time, which shouldn't cross three years
The petitions have also challenged the constitutional validity of the scheme that aims to eliminate the physical interface between assessing officers and taxpayers. The aim of the scheme was to substitute the discretion of tax officers with a team-based approach.
Aksyon Demokratiko requested the BIR “to immediately and continuously implement collection efforts, whether civil or criminal manner of collection, including distraint/garnishment of the bank accounts relating to the estate of the late dictator Marcos Sr.”