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                    [ArticleID] => 696275
                    [Title] => Wrong amount
                    [Summary] => 
This refers to the news article entitled “Ombudsman probing NPO execs on overpriced OR forms” which appeared on page 20 of your newspaper today (June 6).
                    [DatePublished] => 2011-06-16 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Letters to the Editor
                    [SectionUrl] => letters-to-the-editor
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                    [ArticleID] => 254987
                    [Title] => Thrift banks press exemption from GRT, VAT on FCDU accts
                    [Summary] => The Chamber of Thrift Banks (CTB) stressed yesterday that FCDU (foreign currency deposit units) transactions are exempted from the gross receipts tax (GRT) and the value-added tax (VAT).


"In fact, the President signed into law Republic Act (RA) 9294 which made it clear the tax exemptions of FCDUs and OBUs (overseas banking units) during the drafting of the Comprehensive Tax Reform Act of 1997," CTB president Tomas V. Clemente Jr. said in a letter to Bureau of Internal Revenue (BIR) commissioner Guillermo L. Parayno Jr.


                    [DatePublished] => 2004-06-23 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097672
                    [AuthorName] =>  Ted P. Torres
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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abtest

Wrong amount

June 16, 2011 - 12:00am

This refers to the news article entitled “Ombudsman probing NPO execs on overpriced OR forms” which appeared on page 20 of your newspaper today (June 6).

Letters to the Editor

Thrift banks press exemption from GRT, VAT on FCDU accts

By Ted P. Torres | June 23, 2004 - 12:00am

The Chamber of Thrift Banks (CTB) stressed yesterday that FCDU (foreign currency deposit units) transactions are exempted from the gross receipts tax (GRT) and the value-added tax (VAT). "In fact, the President...

Business