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                    [Title] => Gov’t seen to lose P4.83B yearly on tax exemptions under micro business law
                    [Summary] => The government stands to lose at least P4.83 billion yearly from tax exemptions granted to small businesses under the controversial Barangay Micro Business Enterprises (BMBE) Act. 


The Department of Finance (DOF) said actual losses may be much higher as current estimates are based on outdated data from the Small and Medium Enterprise Development Council (SMED). 


                    [DatePublished] => 2004-04-22 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096655
                    [AuthorName] =>  Des  Ferriols
                    [SectionName] => Business
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LOURDES RECENTE

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                    [Title] => Gov’t seen to lose P4.83B yearly on tax exemptions under micro business law
                    [Summary] => The government stands to lose at least P4.83 billion yearly from tax exemptions granted to small businesses under the controversial Barangay Micro Business Enterprises (BMBE) Act. 


The Department of Finance (DOF) said actual losses may be much higher as current estimates are based on outdated data from the Small and Medium Enterprise Development Council (SMED). 


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                    [ColumnID] => 133272
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abtest

Gov’t seen to lose P4.83B yearly on tax exemptions under micro business law

By Des Ferriols | April 22, 2004 - 12:00am

The government stands to lose at least P4.83 billion yearly from tax exemptions granted to small businesses under the controversial Barangay Micro Business Enterprises (BMBE) Act. The Department of Finance (DOF)...

Business