BIR to check on companies’ year-end inventories
Here’s one last attempt of the Bureau of Internal Revenue (BIR) to catch up of companies trying to pull a fast one on the revenue agency.
BIR field personnel will be going out and check the warehouses of companies to verify their year-inventories viz-a-viz their submitted year-end declaration.
Revenue Memorandum Order No. 40-2009 was issued by BIR [...]
December 28, 2009
Tags: BIR, businesses, entrepreneur, Government, Philippines, taxes Posted in: Announcement, Corporations, Government, Law, Philippine business news, Philippines, Pricing, Products, Taxation, economy, finance, money 
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“Philhealth is financially healthy”
“Philhealth is financially healthy” This seems to be the assurance that government wants to give as news broke out recently that the Philippine Health Insurance Corp. (Philhealth) was on the brink of bankruptcy.
In a Malacañang briefing, Budget Secretary Rolando Andaya told reporters that “Philhealth is far from bankruptcy.” He even said that contrary to the [...]
August 21, 2009
Tags: bankruptcy, finance, financialy stable, Government, liquidity, money, Philhealth, Philippines Posted in: Announcement, Government, Philippine business news, Philippines, finance, money No Comments
