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                    [ArticleID] => 238363
                    [Title] => Insurers, finance department form tax review group
                    [Summary] => The Department of Finance (DOF) will form a technical working group to review the tax environment believed to be among the major reasons stifling the growth of the country’s insurance industry.


Finance Undersecretary Gracia M. Pulido-Tan said that the group would be composed of representatives from the finance department, life and non-life insurance sector, and the Bureau of Internal Revenue (BIR).


                    [DatePublished] => 2004-02-10 00:00:00
                    [ColumnID] => 133272
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                    [ArticleID] => 206702
                    [Title] => Review of taxes on financial system sought
                    [Summary] => The Department of Finance (DOF) would likely push for a more thorough and all-encompassing review of the tax environment of the country’s financial system.


Newly-appointed Finance Undersecretary Gracia M. Pulido-Tan who replaced retired Cornelio C. Gison said "whether the VAT remains in place or the GRT is returned, the entire tax environment on the financial sector should be reviewed thoroughly."


Tan noted that there were a number of discrepancies, "impurities" and misunderstanding in the application of the VAT on the financial sector.


                    [DatePublished] => 2003-05-19 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097672
                    [AuthorName] =>  Ted P. Torres
                    [SectionName] => Business
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FINANCE UNDERSECRETARY GRACIA M

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                    [ArticleID] => 238363
                    [Title] => Insurers, finance department form tax review group
                    [Summary] => The Department of Finance (DOF) will form a technical working group to review the tax environment believed to be among the major reasons stifling the growth of the country’s insurance industry.


Finance Undersecretary Gracia M. Pulido-Tan said that the group would be composed of representatives from the finance department, life and non-life insurance sector, and the Bureau of Internal Revenue (BIR).


                    [DatePublished] => 2004-02-10 00:00:00
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                    [ArticleID] => 206702
                    [Title] => Review of taxes on financial system sought
                    [Summary] => The Department of Finance (DOF) would likely push for a more thorough and all-encompassing review of the tax environment of the country’s financial system.


Newly-appointed Finance Undersecretary Gracia M. Pulido-Tan who replaced retired Cornelio C. Gison said "whether the VAT remains in place or the GRT is returned, the entire tax environment on the financial sector should be reviewed thoroughly."


Tan noted that there were a number of discrepancies, "impurities" and misunderstanding in the application of the VAT on the financial sector.


                    [DatePublished] => 2003-05-19 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097672
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abtest

Insurers, finance department form tax review group

February 10, 2004 - 12:00am

The Department of Finance (DOF) will form a technical working group to review the tax environment believed to be among the major reasons stifling the growth of the country’s insurance industry. Finance Undersecretary...

Banking

Review of taxes on financial system sought

By Ted P. Torres | May 19, 2003 - 12:00am

The Department of Finance (DOF) would likely push for a more thorough and all-encompassing review of the tax environment of the country’s financial system. Newly-appointed Finance Undersecretary Gracia M. Pulido-Tan...

Business