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                    [Title] => Implementing the exchange of tax information act
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In March 2010 the President signed Republic Act No. 10021, “The Exchange of Information on Tax Matters Act”. This law is important primarily for two reasons: from a domestic standpoint, it reinforces the Bureau of Internal Revenue’s (BIR) arsenal against tax evasion by expanding the Commissioner’s authority to look into a taxpayer’s bank deposits and, more importantly, sharing this information with his foreign counterparts.
                    [DatePublished] => 2010-06-01 00:00:00
                    [ColumnID] => 134573
                    [Focus] => 0
                    [AuthorID] => 1627456
                    [AuthorName] => Noel P. Bonoan
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GREY LIST

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                    [ArticleID] => 579875
                    [Title] => Implementing the exchange of tax information act
                    [Summary] => 
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abtest

Implementing the exchange of tax information act

By Noel P. Bonoan | June 1, 2010 - 12:00am

In March 2010 the President signed Republic Act No. 10021, “The Exchange of Information on Tax Matters Act”. This law is important primarily for two reasons: from a domestic standpoint, it reinforces...

Business