Monday, March 18, 2013

BIR targets tax-evading, self-employed professionals


As I was researching articles about Tax Consulting Philippines, an article from GMA News about self-employed professionals caught my attention. It says that Bureau of Internal Revenue aims to make self-employed professional pay their taxes. Cabinet officials said Monday, warning that authorities will pursue and make cheats pay what is due to the state.

BIR Commissioner Kim Jacinto-Henares told reporters in a tax forum in Quezon City that -  "There is no excuse in not paying taxes"

At the same forum, Finance Secretary Cesar Purisima noted the “need for compliance in laws across the board.

"Non-payment of taxes is a crime, it's robbing the people of funds for social and infrastructure programs,” said Purisima.

According to Bureau of Internal Revenue estimates, ratio of self-employed, business professionals (SEP) to individual tax collections have gone down to 6.8 percent last year from 8.0 percent in 2009.


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