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                    [Title] => Finance chief: RP is not bankrupt
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Outgoing finance secretary Margarito Teves yesterday denied reports that the Philippines is bankrupt.
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                    [Title] => 15% VAT to raise P74 billion in fresh revenues for government
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The government may collect as much as P73.92 billion in fresh revenues by 2015 if the government increases the value-added tax (VAT) rate to 15 percent by 2013, according to estimates made by the Department of Finance (DOF).
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                    [Title] => BIR collection target for 2011 to top P900 billion, says Tan-Torres
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The Bureau of Internal Revenue (BIR) has been given a collection goal of at least P900 billion for next year.
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                    [Title] => BIR exceeds April collection goal
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The Bureau of Internal Revenue (BIR) collected P87.1 billion in April, exceeding its tax collection goal of P86.2 billion for the month.
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                    [Title] => IMF wants next government to hike VAT
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The International Monetary Fund (IMF) wants the value-added tax raised to 15 percent and the income tax rate slashed to 21 percent under the next administration, according to Finance Undersecretary Gil Beltran.
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                    [Title] => BIR lowers collection goal from bets' election expenses
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The Bureau of Internal Revenue (BIR) has revised its collection target from election spending by politicians from P1.4 billion to about P700 million.
                    [DatePublished] => 2010-04-22 00:00:00
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                    [Title] => Teves urges next administration to raise VAT to 15 percent
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Finance Secretary Margarito Teves advised recently the next administration to help fix the country’s fragile fiscal position by raising the value added tax (VAT) to 15 percent from the current rate of 12 percent.
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                    [Title] => BIR misses April collection goal
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MANILA, Philippines – The Bureau of Internal Revenue (BIR) missed its revenue target of P100 billion for April despite the month being the tax-filing season, its top official said yesterday.
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REFORMED VALUE ADDED TAX LAW

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                    [DatePublished] => 2010-05-11 00:00:00
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                    [Title] => BIR collection target for 2011 to top P900 billion, says Tan-Torres
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The Bureau of Internal Revenue (BIR) has been given a collection goal of at least P900 billion for next year.
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                    [Title] => BIR exceeds April collection goal
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The Bureau of Internal Revenue (BIR) collected P87.1 billion in April, exceeding its tax collection goal of P86.2 billion for the month.
                    [DatePublished] => 2010-05-08 00:00:00
                    [ColumnID] => 133272
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                    [Title] => IMF wants next government to hike VAT
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                    [Title] => BIR lowers collection goal from bets' election expenses
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The Bureau of Internal Revenue (BIR) has revised its collection target from election spending by politicians from P1.4 billion to about P700 million.
                    [DatePublished] => 2010-04-22 00:00:00
                    [ColumnID] => 133272
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                    [Title] => Teves urges next administration to raise VAT to 15 percent
                    [Summary] => 
Finance Secretary Margarito Teves advised recently the next administration to help fix the country’s fragile fiscal position by raising the value added tax (VAT) to 15 percent from the current rate of 12 percent.
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                    [Title] => BIR misses April collection goal
                    [Summary] => 
MANILA, Philippines – The Bureau of Internal Revenue (BIR) missed its revenue target of P100 billion for April despite the month being the tax-filing season, its top official said yesterday.
                    [DatePublished] => 2009-05-14 00:00:00
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abtest

Finance chief: RP is not bankrupt

By Mitchelle L. Palaubsanon | June 27, 2010 - 12:00am

Outgoing finance secretary Margarito Teves yesterday denied reports that the Philippines is bankrupt.

Cebu News

15% VAT to raise P74 billion in fresh revenues for government

By Iris Gonzales | May 11, 2010 - 12:00am

The government may collect as much as P73.92 billion in fresh revenues by 2015 if the government increases the value-added tax (VAT) rate to 15 percent by 2013, according to estimates made by the Department of Finance...

Business

BIR collection target for 2011 to top P900 billion, says Tan-Torres

By Iris Gonzales | May 10, 2010 - 12:00am

The Bureau of Internal Revenue (BIR) has been given a collection goal of at least P900 billion for next year.

Business

BIR exceeds April collection goal

By Iris Gonzales | May 8, 2010 - 12:00am

The Bureau of Internal Revenue (BIR) collected P87.1 billion in April, exceeding its tax collection goal of P86.2 billion for the month.

Business

IMF wants next government to hike VAT

By Iris Gonzales | May 4, 2010 - 12:00am

The International Monetary Fund (IMF) wants the value-added tax raised to 15 percent and the income tax rate slashed to 21 percent under the next administration, according to Finance Undersecretary Gil Beltran.

Headlines

BIR lowers collection goal from bets' election expenses

By Reinir Padua | April 22, 2010 - 12:00am

The Bureau of Internal Revenue (BIR) has revised its collection target from election spending by politicians from P1.4 billion to about P700 million.

Business

Teves urges next administration to raise VAT to 15 percent

By Iris Gonzales | April 5, 2010 - 12:00am

Finance Secretary Margarito Teves advised recently the next administration to help fix the country’s fragile fiscal position by raising the value added tax (VAT) to 15 percent from the current rate of 12 ...

Headlines

BIR misses April collection goal

By Iris Gonzales | May 14, 2009 - 12:00am

MANILA, Philippines – The Bureau of Internal Revenue (BIR) missed its revenue target of P100 billion for April despite the month being the tax-filing season, its top official said yesterday.

Business