Skip to main content

Posts

Showing posts with the label Bureau of Internal Revenue

Maria Ressa Uses Her #VictimCard As BIR Reveals Her Possible Tax Deficiency Of PHP 133.84 Million

I'm seriously getting tired with how the Dilawans today are playing the victim card whenever something bad happens. What should be surprising (or not) is that now Maria Ressa is most likely lying through her teeth with this report from GMA-7 : Rappler’s chief executive officer Maria Ressa slammed the Bureau of Internal Revenue’s for filing a tax evasion complaint against it and labeled the move as another attempt by the Duterte administration to silence critical reporting. “This is clear intimidation and harassment. The government is wasting its energy and resources in an attempt to silence reporting that does not please the administration,” Ressa said in a statement on Thursday. The BIR filed a tax evasion complaint against Rappler Holdings Corp., citing a tax deficiency of P133.84 million in relation to Philippine Depositary Receipts (PDRs) it issued to foreign investors. In a separate report on Rappler, Ressa called the complaint “ludicrous” and urged the BIR to “check its...

Legalized Theft: It's More Fun In The Philippines

I'd really want to start first with verifying what legalized theft means. Legalized theft means to use one's power or position to acquire money from people for personal gain, supposedly granting immunity to being convicted of theft even when theft is done or when a person gets legal protection to protect him or her from the legal penalties agaisnt theft. In the Philippines where people mistake democracy for impunity , then it's only normal that a nation occupied with a culture of impunity are bound (and they deserve) to really have impunity in its government. How is legalized theft more fun in the Philippines? It doesn't take a genius to figure out the bracket of the ASEAN where taxes worth PHP 500,000.00 are charged at 32% while an archipelago like Malaysia only gets 11% for maximum taxes is very unjust. When Mar Roxas started to say that there's nothing wrong with the current constitution, he better realize that our tax rates are also very high. It's absol...