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Showing posts from April, 2020

VAT in the PHILIPPINES

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VAT IN THE PHILIPPINES The VAT system in the Philippines took effect on 1Jan1988 by virtue of the then President Cory Aquino’s Executive Order (EO) No. 273, the law adopting the VAT as implemented by RR No. 05-87 at the rate of ten percent (10%) on all taxable transactions. The tax rate was increased to twelve percent (12%) starting 1Feb2006 by virtue of RA No. 9337 as implemented by RR No. 16-2005 as amended by RR No. 04-07. VAT is an indirect tax and the amount of tax may be shifted to or passed on to the buyer, transferee, or lessee of goods, properties or services. It is a tax on consumption of goods, services or other dealings involving the same. It forms a significant portion of consumers expenses. It is a “tax credit method” wherein the Input VAT paid or incurred by a VAT-registered entity is creditable against the Output VAT which it shifts to or passes on to another VAT-registered entity or buyer-end-user. In other words, Output VAT minus Input VAT. Under the sa...

๐Ÿ‡ต๐Ÿ‡ญTAXES are the Lifeblood of the Nation. Without it, the Government will be Paralyzed for Lack of Motive Power to Run its Affairs.

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๐Ÿ‡ต๐Ÿ‡ญ#TAXES are the lifeblood of the nation. Without it, the government will be paralyzed for lack of motive power to run its affairs. However, taxation must be equitable (i.e. that burden of tax should fall on those better able to pay). With the outbreak of the COVID-19 crisis currently plaguing our country, tax collection will surely drop. Perhaps these proposals could help enhance and improve government's tax revenue and cash flows sans added burden to the Filipino people: ๐ŸŽ‡Provide a mechanism for an efficient monitoring of VAT compliance of Real Estate Developers. ๐ŸŽ‡Employ a devise for an efficient monitoring of VAT compliance of other taxpayers, whether or not engaged in real estate business but sell, transfer, or dispose of real properties subject to value-added tax. ๐ŸŽ‡Collect advance VAT on sale or other disposition of real properties under the circumstances which warrant the imposition of VAT, in the event the fair market value of such real property being ...

Had it not for Othello Dalanon's Expose of the Dunkin' Donuts Tax Anomaly, President Duterte would not have Learned about it

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Dunkin' Donuts Billion-Peso Tax Evasion Issue. Had it not for Othello Dalanon's expose of the Dunkin' Donuts tax anomaly, President Duterte wouldn't have learned about it. ๐Ÿ‡ต๐Ÿ‡ญ ๐Ÿ”†Background Othello Dalanon, a certified public accountant, served the government for more than a quarter of a century with a humble beginning as a Janitor-Messenger who became an anti-corruption crusader in the Bureau of Internal Revenue (BIR) where he spent the great years of his life as a lowly revenue officer. He is the former BIR revenue officer who conducted the tax audit of the 2007 financial records of Golden Donuts, Inc. (GDI), the exclusive Philippine Franchisee of the global brand "DUNKIN' DONUTS" owned by the Rufino-Prieto clan of the Philippine Daily Inquirer (PDI), that culminated in the doughnut company's P1.56 billion deficiency tax liabilities which the then Commissioner of Internal Revenue Kim S. Jacinto-Henares intentionally failed to either coll...

๐Ÿ‡ต๐Ÿ‡ญPRRD: "Report the Truth Even if it Destroys Me."

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๐Ÿ‡ต๐Ÿ‡ญPRRD: "Report the truth even if it destroys me." ✅The TRUTH: PRRD failed to make good his words. He promised to rid the government of corruption, particularly the Bureau of Internal Revenue (BIR) which he even tagged as the most corrupt government agency. But corruption in the said agency has even WORSENED under the administration of his friend and former YMCA Dormitory room mate #BIR commissioner #CaesarRiveraDulay. It's been more than two (2) years now since President Duterte was officially informed of the corruption issue involving BIR commissioner #CaesarRiveraDulay thru the former BIR Director Othello Dalanon’s letter-report, but the President still remains mum about it. The BIR DULAY CORRUPTION has also been publicly exposed via - ✅Social media or Facebook postings; ✅Publication in MSM: ▪️The Manila Times by Mr Ramon T. Tulfo ▪️GMA News Online by Mr. Flor Taguinod ✅Mass actions held by RDRG at - ▪️BIR National Office in Quezon City ▪️Philip...

D'TALK:. PRRD: "I Do Not Tolerate Corruption in My Administration."

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๐ŸŽ‡D'TALK:. PRRD: "I do not tolerate corruption in my administration." ✅D'TRUTH: PRRD tolerates Dulay corruption. It's been more than two (2) years now since President Duterte was officially informed of the corruption issue involving BIR commissioner #CaesarRiveraDulay thru the former BIR Director Othello Dalanon’s letter-report, but the President still remains mum about it. The BIR DULAY CORRUPTION has also been publicly exposed via - ✅Social media or Facebook postings; ✅Publication in MSM: ▪️The Manila Times by Mr Ramon T. Tulfo ▪️GMA News Online by Mr. Flor Taguinod ✅Mass actions held by RDRG at - ▪️BIR National Office in Quezon City ▪️Philippine Senate in Pasay City ▪️National Press Club in Manila ▪️Mendiola (Front of Malacanang Gate) With all these discourses, it is believed to be infeasible that the President still doesn't know about the issue. His deafening silence on Dulay's case clearly demonstrates tolerance despite the...

D'TALK:. PRRD: "Ang BIR, an Institution Known to be Corrupt since Time Immemorial, Kailangan Huminto na Kayo."

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๐ŸŽ‡D'TALK:. PRRD: "Ang BIR, an institution known to be corrupt since time immemorial, kailangan huminto na kayo." ✅D'TRUTH: BIR corruption worsened under the administration of PRRD’s friend and appointee commissioner Dulay. It's been more than two (2) years now since President Duterte was officially informed of the corruption issue involving BIR commissioner #CaesarRiveraDulay thru the former BIR Director Othello Dalanon’s letter-report, but the President still remains mum about it. The BIR DULAY CORRUPTION has also been publicly exposed via - ✅Social media or Facebook postings; ✅Publication in MSM: ▪️The Manila Times by Mr Ramon T. Tulfo ▪️GMA News Online by Mr. Flor Taguinod ✅Mass actions held by RDRG at - ▪️BIR National Office in Quezon City ▪️Philippine Senate in Pasay City ▪️National Press Club in Manila ▪️Mendiola (Front of Malacanang Gate) With all these discourses, it is believed to be infeasible that the President still doesn'...

D'TALK: Senator Bong Go Nanawagan sa Publiko na Magsumbong ng CORRUPTION

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๐ŸŽ‡D'TALK: Senator Bong Go nanawagan sa publiko na magsumbong ng CORRUPTION. ✅D'TRUTH: Ang magsumbong SIBAK tulad sa nangyari kay dating BIR Director OTHELLO DALANON ๐Ÿ‘Š๐Ÿ‘Š๐Ÿ‘Š It's been more than two (2) years now since President Duterte was officially informed of the corruption issue involving BIR commissioner #CaesarRiveraDulay thru the former BIR Director Othello Dalanon’s letter-report, but the President still remains mum about it. The BIR DULAY CORRUPTION has also been publicly exposed via - ✅Social media or Facebook postings; ✅Publication in MSM: ▪️The Manila Times by Mr Ramon T. Tulfo ▪️GMA News Online by Mr. Flor Taguinod ✅Mass actions held by RDRG at - ▪️BIR National Office in Quezon City ▪️Philippine Senate in Pasay City ▪️National Press Club in Manila ▪️Mendiola (Front of Malacanang Gate) With all these discourses, it is believed to be infeasible that the President still doesn't know about the issue. His deafening silence on Dul...

In ๐Ÿ‡ต๐Ÿ‡ญPinas, the Honest Ones are Fired

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"Burn Baby Burn!! I was surprised that no action was taken against Dulay, Dalanon was fired. Who masterminded the dismissal of Dalanon? Was there even an investigation done? That's the very first thing that should have been. Investigate and find out if there is truth to it. You don't fire the person who reported the anomaly. In America, you can't do that. You are protected by the Law. In ๐Ÿ‡ต๐Ÿ‡ญPinas, the honest ones are fired. Did it make somebody happy? WORSE, people lost their trust on Mr. BELGICA. I had high hopes for him, it was washed away." - Meimei Hammer (FilAmNETizen) ๐Ÿ‘Š๐Ÿ‘Š๐Ÿ‘Š ๐ŸŽ‡CAESAR RIVERA DULAY Commissioner of Internal Revenue #CORRUPTION It's been more than two (2) years now since President Duterte was officially informed of the corruption issue involving #BIR commissioner #CaesarRiveraDulay thru the former BIR Director Othello Dalanon’s letter-report, but the President still remains mum about it. The BIR DULAY CORRUPTION ...

Bong Go Asks Public to Help Duterte Kick Out Corrupt Officials

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๐ŸŽ‡Bong Go asks public to help Duterte kick out corrupt officials. ❇️Tell it to the marines because the sailors won't believe you. Who else can have the audacity to report corruption in government if it would only mean dismissal from the service just like what happened to former BIR Director Othello Dalanon who was sacked for reporting BIR DULAY CORRUPTION to President Duterte and sen. Bong Go❓ ๐Ÿ‘Š๐Ÿ‘Š๐Ÿ‘Š It's been more than two (2) years now since President Duterte was officially informed of the corruption issue involving BIR commissioner #CaesarRiveraDulay thru the former BIR Director Othello Dalanon’s letter-report, but the President still remains mum about it. The BIR DULAY CORRUPTION has also been publicly exposed via - ✅Social media or Facebook postings; ✅Publication in MSM: ▪️The Manila Times by Mr Ramon T. Tulfo ▪️GMA News Online by Mr. Flor Taguinod ✅Mass actions held by RDRG at - ▪️BIR National Office in Quezon City ▪️Philippine Senate in Pasay City ...

GRECO BELGICA Inutile PACC Commissioner

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๐ŸŽ‡GRECO BELGICA #InutilePACCcommissioner Feb2018 pa alam na ni GRECO BELGICA ang tungkol sa BIR CORRUPTION - ang maanomalyang pag-areglo ng P3.76 bilyong buwis ng COSMOS BOTTLING CORPORATION sa halagang P51 milyon lamang, ngunit wala itong ginawa, puro lang porma, gamit pangalan ng Pangulo, higop-sipsip-himod kay senator Bong Go. ******* ENGKWENTRO OTHELLO vs GRECO AT PACC OFFICE Intramuros, Manila 16 October 2019 #GrecoBelgica, sa sobrang galit, nanlisik mga mata kay Othello Dalanon. Bakit nagalit si Belgica gayong di naman ito na-mention sa FB post ni Dalanon? Ang nakapagtataka na di naman nagalit itong si Belgica sa paglustay ni BIR Dulay sa P3.76 bilyong buwis ng Cosmos na naging P51 milyon na lang, na dapat ito ang pagtuunan ng atensyon ni Belgica bilang anti-corruption commissioner kesa pagbanggit ni Dalanon sa FB postings nito ng anti-corruption mantra ni senator #BongGo? ⚃ Oct 14, 2019, Monday, 9:06pm, nakatanggap si Othello Dalanon ng message thru...

Dominguez Shelved LGUs' P600-B IRA

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Dominguez Shelved LGUs' P600-B IRA President Rodrigo Duterte wanted to pay LGUs' P600 billion IRA as ordered by the Supreme Court, but Finance Secretary Carlos G. Dominguez SHELVED it. Internal Revenue Allotment or IRA is the share of the Local Government Units from revenues of the national government. The term "revenues of the national government" refers to all revenues or national taxes collected by the BIR, BOC, and other national government agencies. Some years back, Batangas Governor Hermilando Mandanas filed before the SUPREME COURT a case against the national government for misappropriating LGUs' Internal Revenue Allotment (or share in the national taxes) by considering only BIR's revenues in determining IRA without including revenues collected by the BOC and other national government agencies thereby resulting in the deficiency IRA amounting to P600 billion. Governor Mandanas won the case. The SUPREME COURT, in its final decision (G.R. N...

✅D'TRUTH: BIR Commissioner Dulay is a MONSTER

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๐ŸŽ‡D'TALK:. PRRD: No sacred COW in Government. ✅D'TRUTH: BIR commissioner Dulay is a MONSTER. It's been more than two (2) years now since President Duterte was officially informed of the corruption issue involving BIR commissioner #CaesarRiveraDulay thru the former BIR Director Othello Dalanon’s letter-report, but the President still remains mum about it. The BIR DULAY CORRUPTION has also been publicly exposed via - ✅Social media or Facebook postings; ✅Publication in MSM: ▪️The Manila Times by Mr Ramon T. Tulfo ▪️GMA News Online by Mr. Flor Taguinod ✅Mass actions held by RDRG at - ▪️BIR National Office in Quezon City ▪️Philippine Senate in Pasay City ▪️National Press Club in Manila ▪️Mendiola (Front of Malacanang Gate) With all these discourses, it is believed to be infeasible that the President still doesn't know about the issue. His deafening silence on Dulay's case clearly demonstrates tolerance despite the severity of the criminal offe...

Senator Bong Go's Version of Balik Probinsya is too Superficial

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"Various advocacy groups have been proposing balik probinsya programs for many decades already. Senator Bong Go's version of balik probinsya is too superficial since his focus is on organizing bus trips where he can do his usual selfie photo ops media mileage with balik probinsya beneficiaries as his fanbase. After a few months those balik probinsya beneficiaries will just go back to Imperial Manila because most jobs are still in Imperial Manila considering that the national capital region swallows a lion's share of the Internal Revenue Allotment (IRA). "There is a better non-political approach known as Bagong Internal Revenue Allotment (BIRA) that aims to amend the computation of the IRA in such a way that it will incentivize creation of stable jobs in the target Local Government Unit (LGU) (usually a province) that will bear the burden of accepting balik probinsya migrants. "How does the present system compute the IRA? (Population x 50%) + (Land Ar...

Si Magnanakaw BIR commissioner CaesarRiveraDulay ba ang tinutukoy ni Presidential Sister Jocellyn Duterte Villarica❓

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Si #Magnanakaw BIR commissioner #CaesarRiveraDulay ba ang tinutukoy ni Presidential Sister @Jocellyn Duterte Villarica❓ ๐Ÿ‘Š๐Ÿ‘Š๐Ÿ‘Š ❇️"Tandaan mo Sir kung saan ka nagsimula. Lumingon ka sa pinangalingan! Huwag kang MANGLAIT sa taong talagang nagtratrabaho, alam mo yan, at magkaroon ka isang salita para irespeto ka! Galing mong magpa-asa, lasing ka na sa pera at kapangyarihan." - Presidential Sister Jocellyn Duterte Villarica (JDV). ❇️Si BIR commissioner Caesar Dulay ba ang high-ranking commissioner na nanglait, nalasing sa pera at kapangyarihan, ang tinutukoy ni JDV sa kanyang mga socmed postings? ❇️MUNI-MUNI ■ni Tirzo Onda 1️⃣JDV: "A high ranking commissioner with early Alzheimer, leaving boxes of money around." ✅Muni-muni #1: Aba! mapera ang commissioner na ito. Sino kaya, BIR or BOC? 2️⃣JDV: "Sir, doon ka sa U.S. nakalimutan mo raw ang bank account numbers mo...Huwag naman, wawa Pinas baka di na balik pera!” ✅Muni-muni #2: Aba! sa abroad di...