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+ Follow LARGE TAXPAYERS UNITS Tag
Array ( [results] => Array ( [0] => Array ( [ArticleID] => 140502 [Title] => Government collections of P406-B in 9 months lower than target [Summary] => The Department of Finance (DOF) reported that revenue collection reached P406 billion from January to September this year, or 7.8-percent better than the same period last year. However, it was still 0.9-percent lower than set targets due to the slowdown of the economy.
Full year revenue generation target is P558.2 billion with P388 billion coming from the Bureau of Internal Revenue (BIR). Full year budget deficit target was placed at P145 billion.
[DatePublished] => 2001-11-18 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097672 [AuthorName] => Ted P. Torres [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
LARGE TAXPAYERS UNITS
Array ( [results] => Array ( [0] => Array ( [ArticleID] => 140502 [Title] => Government collections of P406-B in 9 months lower than target [Summary] => The Department of Finance (DOF) reported that revenue collection reached P406 billion from January to September this year, or 7.8-percent better than the same period last year. However, it was still 0.9-percent lower than set targets due to the slowdown of the economy.
Full year revenue generation target is P558.2 billion with P388 billion coming from the Bureau of Internal Revenue (BIR). Full year budget deficit target was placed at P145 billion.
[DatePublished] => 2001-11-18 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097672 [AuthorName] => Ted P. Torres [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
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By Ted P. Torres | November 18, 2001 - 12:00am
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President Ferdinand Marcos Jr. on Monday signed a new law that streamlines tax incentives for businesses in the Philippines, including the taxation of companies in special economic zones.
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During the conference, Finance Secretary Ralph Recto emphasized the importance of a business environment that supports consistent progress.
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