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The House committee on banks agreed yesterday to recommend changes in the law protecting the secrecy of dollar and other foreign currency deposits.
                    [DatePublished] => 2012-06-06 00:00:00
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The quality of reporting by The Philippine STAR in connection with the Legacy Group has been generally fair and accurate, including those written by Mr. Jess Diaz who covers the House of Representatives.
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                    [Title] => Haste makes waste
                    [Summary] => The House of Representatives has started in earnest work on the new tax bills being pushed  by the Arroyo administration. 


Strange, but in their apparent haste, legislators are beginning to find holes in the hastily prepared proposals from the executive department. 


Take the case of the so-called "sin products." Finance officials have virtually conceded right on the first public hearing of the House ways and means committee that government may not actually realize the revenues it badly needs to generate from cigarette and alcohol excise taxes. 


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BANK DEPOSITS SECRECY LAW

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                    [Summary] => The House of Representatives has started in earnest work on the new tax bills being pushed  by the Arroyo administration. 


Strange, but in their apparent haste, legislators are beginning to find holes in the hastily prepared proposals from the executive department. 


Take the case of the so-called "sin products." Finance officials have virtually conceded right on the first public hearing of the House ways and means committee that government may not actually realize the revenues it badly needs to generate from cigarette and alcohol excise taxes. 


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abtest

House to amend law on foreign currency deposits

By Jess Diaz | June 6, 2012 - 12:00am

The House committee on banks agreed yesterday to recommend changes in the law protecting the secrecy of dollar and other foreign currency deposits.

Headlines

BSP clarification

February 28, 2009 - 12:00am

The quality of reporting by The Philippine STAR in connection with the Legacy Group has been generally fair and accurate, including those written by Mr. Jess Diaz who covers the House of Representatives.

Letters to the Editor

Haste makes waste

September 12, 2004 - 12:00am

The House of Representatives has started in earnest work on the new tax bills being pushed by the Arroyo administration. Strange, but in their apparent haste, legislators are beginning to find holes in the hastily...

Business