Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 204075
                    [Title] => Why is Bayani Fernando being eased out?
                    [Summary] => I chanced upon DILG Secretary Joey Lina early last week and I asked him if he was moving to DPWH. Joey flatly denied it. I know Joey enough to believe him. Later that same day, I chanced upon some people who know what’s going on at DPWH. Yes, it was confirmed to me, Bayani Fernando is being eased out. No, it isn’t Joey Lina who will replace him.


                    [DatePublished] => 2003-04-28 00:00:00
                    [ColumnID] => 133182
                    [Focus] => 0
                    [AuthorID] => 1804837
                    [AuthorName] => Boo Chanco
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [1] => Array
                (
                    [ArticleID] => 197739
                    [Title] => Senate, DOF agree on excise tax formula
                    [Summary] => Finance Secretary Jose Isidro Camacho  announced yesterday  that the Senate and the Department of Finance (DOF) have reached an  agreement on how to apply the excise tax on automobiles without burdening the industry excessively while still generating acceptable levels of revenues for the government.


Camacho said the proposal will use the foreign exchange rate as a base  when adjusting the manufacturers’ price for each vehicle.


                    [DatePublished] => 2003-03-05 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096655
                    [AuthorName] =>  Des  Ferriols
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [2] => Array
                (
                    [ArticleID] => 196756
                    [Title] => Government mulls forex fluctuations in computing excise tax for vehicles
                    [Summary] => The government is considering the possibility of using the fluctuations in the foreign exchange rate as the trigger for the application of the excise tax on motor vehicles under the proposed bill that would amend the existing excise tax structure.


Finance Secretary Jose Isidro Camacho told reporters that the Department of Finance is in discussion with Congress on how to apply the excise tax on automobiles without burdening the industry excessively while still generating acceptable levels of revenues for the government.


                    [DatePublished] => 2003-02-25 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [3] => Array
                (
                    [ArticleID] => 184573
                    [Title] => Gov’t curbs tax perks of ecozone firms
                    [Summary] => Unrelated income tax generated by export industries  inside the special economic zones are not qualified for the five percent preferential gross income tax rate applicable to export-oriented firms.


This ruling was made by the Department of Finance (DOF) which said that export enterprises are now required to pay the full 32 percent corporate  tax on income generated by unrelated businesses.


Under  the government’s incentive program, export industries located in special economic zones are exempted from paying the full 32-percent corporate income tax.


                    [DatePublished] => 2002-11-19 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096655
                    [AuthorName] =>  Des  Ferriols
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [4] => Array
                (
                    [ArticleID] => 173654
                    [Title] => Parayno hasn’t been appointed yet - Bunye
                    [Summary] => Malacañang has not yet confirmed if former Customs commissioner Guillermo Parayno would be the next chief of the Bureau of Internal Revenue (BIR).


Press Secretary Ignacio Bunye refused to tell reporters yesterday whether President Arroyo had issued any official appointment for Parayno.


"I wish I could give you new developments but... we have nothing to announce at this time," he said. "We know that (Parayno) is a strong contender and this matter is still being discussed with Finance Secretary Lito Camacho."


                    [DatePublished] => 2002-08-27 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Headlines
                    [SectionUrl] => headlines
                    [URL] => 
                )

            [5] => Array
                (
                    [ArticleID] => 173580
                    [Title] => Parayno itatalagang BIR chief
                    [Summary] => Pormal na ihahayag ng Malacañang sa darating na Miyerkules si dating  Customs Commissioner Guillermo Parayno bilang bagong hepe ng Bureau of Internal Revenue (BIR) matapos ang ilang linggong paghahanap ng makakapalit sa binakanteng puwesto  ni dating commissioner Renato Bañez.


Si Bañez ay umalis sa puwesto dahil umano hindi nito natugunan ang target tax collection na kailangan ng ahensiya.


                    [DatePublished] => 2002-08-26 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Bansa
                    [SectionUrl] => bansa
                    [URL] => 
                )

            [6] => Array
                (
                    [ArticleID] => 172869
                    [Title] => Dismissals at BIR are what’s needed
                    [Summary] => The message is in what wasn’t said. In explaining his resignation as BIR chief, Rene Bañez wailed that "a few perpetrators are out to sabotage (my) reforms by deliberately cutting back on collections during the first half (of 2002) ... By doing so, they are holding the country hostage in their desire to protect their their personal interests." By implication, he meant that fewer BIR officers were on his side than the few saboteurs. He had to leave because he didn’t have sizeable following.
                    [DatePublished] => 2002-08-21 00:00:00
                    [ColumnID] => 134276
                    [Focus] => 0
                    [AuthorID] => 1805283
                    [AuthorName] => Jarius Bondoc
                    [SectionName] => Opinion
                    [SectionUrl] => opinion
                    [URL] => 
                )

            [7] => Array
                (
                    [ArticleID] => 157176
                    [Title] => DOJ clears contract for PNB rehab
                    [Summary] => The Department of Justice said that the contract for the rehabilitation of the Philippine National Bank does not have any legal impendiment since documents have shown that this doesn’t violate any law.


"We have reviewed the contract documents and find the same to be consistent with the law," Justice Secretary Hernando Perez wrote in a one-page opinion, addressed to the Department of Finance and the Philippine Deposit Insurance Corp.


                    [DatePublished] => 2002-04-14 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096652
                    [AuthorName] =>  Delon Porcalla
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [8] => Array
                (
                    [ArticleID] => 152981
                    [Title] => Failure to pay P5.8-B SGS bill will damage RP image, says DOF usec
                    [Summary] => A top official of the Department of Finance warned yesterday that any failure of the government to pay the "validated" billings of the Societe Generale de Surveillance (SGS) worth about P5.8 billion would have repercussions on the confidence of foreign investors and the business community.


                    [DatePublished] => 2002-03-07 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1297981
                    [AuthorName] => Efren Danao
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [9] => Array
                (
                    [ArticleID] => 152756
                    [Title] => House to open probe on P5.3-B tax scam
                    [Summary] => The House committee on good government opens today its inquiry into a P5.3-billion tax fraud and allegations that Ombudsman Aniano Desierto has been deliberately whitewashing the scam.


Among those invited to testify in the initial hearing were Finance  Undersecretary Cornelio Gison, Deputy Executive Secretary Waldo Flores, Director Ernesto Hiansen of the inter-agency office in charge of tax credit certificates, and Justo Yap, head of the anti-graft unit of the National Bureau of Investigation.


                    [DatePublished] => 2002-03-05 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Headlines
                    [SectionUrl] => headlines
                    [URL] => 
                )

        )

)

FINANCE UNDERSECRETARY CORNELIO GISON

Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 204075
                    [Title] => Why is Bayani Fernando being eased out?
                    [Summary] => I chanced upon DILG Secretary Joey Lina early last week and I asked him if he was moving to DPWH. Joey flatly denied it. I know Joey enough to believe him. Later that same day, I chanced upon some people who know what’s going on at DPWH. Yes, it was confirmed to me, Bayani Fernando is being eased out. No, it isn’t Joey Lina who will replace him.


                    [DatePublished] => 2003-04-28 00:00:00
                    [ColumnID] => 133182
                    [Focus] => 0
                    [AuthorID] => 1804837
                    [AuthorName] => Boo Chanco
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [1] => Array
                (
                    [ArticleID] => 197739
                    [Title] => Senate, DOF agree on excise tax formula
                    [Summary] => Finance Secretary Jose Isidro Camacho  announced yesterday  that the Senate and the Department of Finance (DOF) have reached an  agreement on how to apply the excise tax on automobiles without burdening the industry excessively while still generating acceptable levels of revenues for the government.


Camacho said the proposal will use the foreign exchange rate as a base  when adjusting the manufacturers’ price for each vehicle.


                    [DatePublished] => 2003-03-05 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096655
                    [AuthorName] =>  Des  Ferriols
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [2] => Array
                (
                    [ArticleID] => 196756
                    [Title] => Government mulls forex fluctuations in computing excise tax for vehicles
                    [Summary] => The government is considering the possibility of using the fluctuations in the foreign exchange rate as the trigger for the application of the excise tax on motor vehicles under the proposed bill that would amend the existing excise tax structure.


Finance Secretary Jose Isidro Camacho told reporters that the Department of Finance is in discussion with Congress on how to apply the excise tax on automobiles without burdening the industry excessively while still generating acceptable levels of revenues for the government.


                    [DatePublished] => 2003-02-25 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [3] => Array
                (
                    [ArticleID] => 184573
                    [Title] => Gov’t curbs tax perks of ecozone firms
                    [Summary] => Unrelated income tax generated by export industries  inside the special economic zones are not qualified for the five percent preferential gross income tax rate applicable to export-oriented firms.


This ruling was made by the Department of Finance (DOF) which said that export enterprises are now required to pay the full 32 percent corporate  tax on income generated by unrelated businesses.


Under  the government’s incentive program, export industries located in special economic zones are exempted from paying the full 32-percent corporate income tax.


                    [DatePublished] => 2002-11-19 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096655
                    [AuthorName] =>  Des  Ferriols
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [4] => Array
                (
                    [ArticleID] => 173654
                    [Title] => Parayno hasn’t been appointed yet - Bunye
                    [Summary] => Malacañang has not yet confirmed if former Customs commissioner Guillermo Parayno would be the next chief of the Bureau of Internal Revenue (BIR).


Press Secretary Ignacio Bunye refused to tell reporters yesterday whether President Arroyo had issued any official appointment for Parayno.


"I wish I could give you new developments but... we have nothing to announce at this time," he said. "We know that (Parayno) is a strong contender and this matter is still being discussed with Finance Secretary Lito Camacho."


                    [DatePublished] => 2002-08-27 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Headlines
                    [SectionUrl] => headlines
                    [URL] => 
                )

            [5] => Array
                (
                    [ArticleID] => 173580
                    [Title] => Parayno itatalagang BIR chief
                    [Summary] => Pormal na ihahayag ng Malacañang sa darating na Miyerkules si dating  Customs Commissioner Guillermo Parayno bilang bagong hepe ng Bureau of Internal Revenue (BIR) matapos ang ilang linggong paghahanap ng makakapalit sa binakanteng puwesto  ni dating commissioner Renato Bañez.


Si Bañez ay umalis sa puwesto dahil umano hindi nito natugunan ang target tax collection na kailangan ng ahensiya.


                    [DatePublished] => 2002-08-26 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Bansa
                    [SectionUrl] => bansa
                    [URL] => 
                )

            [6] => Array
                (
                    [ArticleID] => 172869
                    [Title] => Dismissals at BIR are what’s needed
                    [Summary] => The message is in what wasn’t said. In explaining his resignation as BIR chief, Rene Bañez wailed that "a few perpetrators are out to sabotage (my) reforms by deliberately cutting back on collections during the first half (of 2002) ... By doing so, they are holding the country hostage in their desire to protect their their personal interests." By implication, he meant that fewer BIR officers were on his side than the few saboteurs. He had to leave because he didn’t have sizeable following.
                    [DatePublished] => 2002-08-21 00:00:00
                    [ColumnID] => 134276
                    [Focus] => 0
                    [AuthorID] => 1805283
                    [AuthorName] => Jarius Bondoc
                    [SectionName] => Opinion
                    [SectionUrl] => opinion
                    [URL] => 
                )

            [7] => Array
                (
                    [ArticleID] => 157176
                    [Title] => DOJ clears contract for PNB rehab
                    [Summary] => The Department of Justice said that the contract for the rehabilitation of the Philippine National Bank does not have any legal impendiment since documents have shown that this doesn’t violate any law.


"We have reviewed the contract documents and find the same to be consistent with the law," Justice Secretary Hernando Perez wrote in a one-page opinion, addressed to the Department of Finance and the Philippine Deposit Insurance Corp.


                    [DatePublished] => 2002-04-14 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096652
                    [AuthorName] =>  Delon Porcalla
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [8] => Array
                (
                    [ArticleID] => 152981
                    [Title] => Failure to pay P5.8-B SGS bill will damage RP image, says DOF usec
                    [Summary] => A top official of the Department of Finance warned yesterday that any failure of the government to pay the "validated" billings of the Societe Generale de Surveillance (SGS) worth about P5.8 billion would have repercussions on the confidence of foreign investors and the business community.


                    [DatePublished] => 2002-03-07 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1297981
                    [AuthorName] => Efren Danao
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [9] => Array
                (
                    [ArticleID] => 152756
                    [Title] => House to open probe on P5.3-B tax scam
                    [Summary] => The House committee on good government opens today its inquiry into a P5.3-billion tax fraud and allegations that Ombudsman Aniano Desierto has been deliberately whitewashing the scam.


Among those invited to testify in the initial hearing were Finance  Undersecretary Cornelio Gison, Deputy Executive Secretary Waldo Flores, Director Ernesto Hiansen of the inter-agency office in charge of tax credit certificates, and Justo Yap, head of the anti-graft unit of the National Bureau of Investigation.


                    [DatePublished] => 2002-03-05 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Headlines
                    [SectionUrl] => headlines
                    [URL] => 
                )

        )

)

abtest