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                    [Title] => One-stop-shop tax center cuts tax credits by 80% since 1998
                    [Summary] => After a series of tax credit scams that cost the government over P5 billion in foregone revenues a year, the Department of Finance (DOF) said  that its controversial one-stop-shop has cut down tax credits by as much as 80 percent since 1998.


The One Stop Shop Inter-Agency Tax Credit and Duty Drawback Center (OSS Center) reported yesterday that the clean-up of tax credit certificate issuances has reduced tax credits to an average of P2.8 billion a year.


                    [DatePublished] => 2005-06-13 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096655
                    [AuthorName] =>  Des  Ferriols
                    [SectionName] => Business
                    [SectionUrl] => business
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                    [ArticleID] => 264840
                    [Title] => Special Presidential Task Force 156 files 1,023 cases in tax credit scam
                    [Summary] => Finance Undersecretary Inocencio Ferrer, Jr. said yesterday the Special President Task Force 156 (SPTF 156) has filed in the Office of the Ombudsman 1,023 criminal cases against individuals and corporations who were unduly given tax credits by past and incumbent high-ranking officials of the Department of Finance (DOF).


In a statement, Ferrer said 932 of the cases were filed under his alternate chairmanship which is the highest number of criminal cases filed during President Arroyo’s administration.


                    [DatePublished] => 2004-09-15 00:00:00
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ERNESTO Q

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                    [ArticleID] => 281449
                    [Title] => One-stop-shop tax center cuts tax credits by 80% since 1998
                    [Summary] => After a series of tax credit scams that cost the government over P5 billion in foregone revenues a year, the Department of Finance (DOF) said  that its controversial one-stop-shop has cut down tax credits by as much as 80 percent since 1998.


The One Stop Shop Inter-Agency Tax Credit and Duty Drawback Center (OSS Center) reported yesterday that the clean-up of tax credit certificate issuances has reduced tax credits to an average of P2.8 billion a year.


                    [DatePublished] => 2005-06-13 00:00:00
                    [ColumnID] => 133272
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                    [AuthorID] => 1096655
                    [AuthorName] =>  Des  Ferriols
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                    [ArticleID] => 264840
                    [Title] => Special Presidential Task Force 156 files 1,023 cases in tax credit scam
                    [Summary] => Finance Undersecretary Inocencio Ferrer, Jr. said yesterday the Special President Task Force 156 (SPTF 156) has filed in the Office of the Ombudsman 1,023 criminal cases against individuals and corporations who were unduly given tax credits by past and incumbent high-ranking officials of the Department of Finance (DOF).


In a statement, Ferrer said 932 of the cases were filed under his alternate chairmanship which is the highest number of criminal cases filed during President Arroyo’s administration.


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                    [ColumnID] => 133272
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One-stop-shop tax center cuts tax credits by 80% since 1998

By Des Ferriols | June 13, 2005 - 12:00am

After a series of tax credit scams that cost the government over P5 billion in foregone revenues a year, the Department of Finance (DOF) said that its controversial one-stop-shop has cut down tax credits by as much...

Business

Special Presidential Task Force 156 files 1,023 cases in tax credit scam

September 15, 2004 - 12:00am

Finance Undersecretary Inocencio Ferrer, Jr. said yesterday the Special President Task Force 156 (SPTF 156) has filed in the Office of the Ombudsman 1,023 criminal cases against individuals and corporations who were...

Business