Let's hope more will follow after this
by Drei Laurel
A message to car distributors and sellers
As you know, we interviewed Bureau of Internal Revenue commissioner Kim Jacinto-Henares for our June 2014 issue. Below is an excerpt from that conversation. In this video, the country's chief tax collector talks about the fact that local car distributors
And what is her favorite car brand?
The other day, we were received by Bureau of Internal Revenue commissioner Kim Henares at her office in Quezon City for an interview for the June issue of our magazine. We found her to be very pleasant and accommodating, without a trace
Check out the figures
Yesterday, the Bureau of Internal Revenue put out a full-page ad--which we estimate to have cost the agency P150,000--in the Philippine Daily Inquirer to share with the public the 2012 income taxes of the various car companies that
With a release document now required for every unit
The Bureau of Internal Revenue has reportedly made importing a premium vehicle harder for local distributors since the agency is now asking them to secure a release authority for each unit that they\'ll be bringing into the country.According to BusinessWorld,
Will hurt sales of premium cars
If you're a professional or a high-ranking corporate executive who uses luxury vehicles and deducts their purchase and maintenance costs from your or your company's taxable income, you should read this. On October 17, 2012, the Bureau of Internal
