Philippine gov't to be tough on tax evaders

19:54, July 19, 2010      

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The Philippine Bureau of Internal Revenue (BIR) warned possible tax evaders on Monday that the administration will not enter in any compromise agreement once a complaint is filed before the Department of Justice.

BIR Commissioner Kim Henares said that her office will file again another tax evasion complaint next week under the Run After Tax Evaders (RATE) program and this will be done every other week to ensure that her office will meet the 860 billion pesos (18.57 U. S. dollars) revenue target for this year.

"We hope that with the Run After Tax Evaders, we would be able to collect the goal set," she said in an interview in Malacanang following the oath taking of BIR Deputy Commissioner for Legal and Inspection Group Estela Sales.

The Development Budget Coordination Committee, an interagency group that sets the marcoeconomic targets, revised last week its revenue collection for the BIR, by increasing it by 30 billion pesos from 830 billion pesos.

Source: Xinhua


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