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                    [ArticleID] => 281449
                    [Title] => One-stop-shop tax center cuts tax credits by 80% since 1998
                    [Summary] => After a series of tax credit scams that cost the government over P5 billion in foregone revenues a year, the Department of Finance (DOF) said  that its controversial one-stop-shop has cut down tax credits by as much as 80 percent since 1998.


The One Stop Shop Inter-Agency Tax Credit and Duty Drawback Center (OSS Center) reported yesterday that the clean-up of tax credit certificate issuances has reduced tax credits to an average of P2.8 billion a year.


                    [DatePublished] => 2005-06-13 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096655
                    [AuthorName] =>  Des  Ferriols
                    [SectionName] => Business
                    [SectionUrl] => business
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FELIX AND GLORIA CHINGKOE

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                    [ArticleID] => 281449
                    [Title] => One-stop-shop tax center cuts tax credits by 80% since 1998
                    [Summary] => After a series of tax credit scams that cost the government over P5 billion in foregone revenues a year, the Department of Finance (DOF) said  that its controversial one-stop-shop has cut down tax credits by as much as 80 percent since 1998.


The One Stop Shop Inter-Agency Tax Credit and Duty Drawback Center (OSS Center) reported yesterday that the clean-up of tax credit certificate issuances has reduced tax credits to an average of P2.8 billion a year.


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                    [AuthorID] => 1096655
                    [AuthorName] =>  Des  Ferriols
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abtest

One-stop-shop tax center cuts tax credits by 80% since 1998

By Des Ferriols | June 13, 2005 - 12:00am

After a series of tax credit scams that cost the government over P5 billion in foregone revenues a year, the Department of Finance (DOF) said that its controversial one-stop-shop has cut down tax credits by as much...

Business