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Array ( [results] => Array ( [0] => Array ( [ArticleID] => 143214 [Title] => IBP bucks move to slash tax deductions on entertainment expenses [Summary] => The Integrated Bar of the Philippines (IBP) has branded as "unconstitutional" the plan of the Department of Finance to provide a ceiling on tax deductions on the entertainment, amusement and recreation expenses of taxpayers.
"This proposal is inequitable and unconstitutional because of the arbitrariness of the ceiling imposed and the failure to take into account the different circumstances of the taxpayers," said lawyer Teofilo Pilando Jr., IBP president.
[DatePublished] => 2001-12-11 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
TEOFILO PILANDO JR.
Array ( [results] => Array ( [0] => Array ( [ArticleID] => 143214 [Title] => IBP bucks move to slash tax deductions on entertainment expenses [Summary] => The Integrated Bar of the Philippines (IBP) has branded as "unconstitutional" the plan of the Department of Finance to provide a ceiling on tax deductions on the entertainment, amusement and recreation expenses of taxpayers.
"This proposal is inequitable and unconstitutional because of the arbitrariness of the ceiling imposed and the failure to take into account the different circumstances of the taxpayers," said lawyer Teofilo Pilando Jr., IBP president.
[DatePublished] => 2001-12-11 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
abtest
December 11, 2001 - 12:00am
Recommended
President Ferdinand Marcos Jr. on Monday signed a new law that streamlines tax incentives for businesses in the Philippines, including the taxation of companies in special economic zones.
5 days ago
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Forex
February 12, 2018
- 12:00 am
- 12:00 am
1$ : P51.66