BIR optimistic on meeting May target

BY DENNIS GADIL

The Bureau of Internal Revenue (BIR) collected P43.3 billion in the first 25 days of May, P7.6 billion above its tax take of P35.7 billion in the same period last year but still far from meeting its full month target of P79.9 billion...(more)

Gov’t may float RTBs in H2: BTr

BY DENNIS GADIL

The government may embark on another sale of retail treasury bonds (RTBs) in the second half of the year to siphon off liquidity or offer new supply to the market to replace maturing long-term debt papers...(more)

BIR reports 30% decline in corporate income tax

BY DENNIS GADIL

The government reported lower corporate income tax payments for 2009, especially among large taxpayers, based on a consolidated report after the April 15 tax filing deadline...(more)