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                    [Title] => House panel stumped by high cost of tax stamp scheme
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Members of the powerful House ways and means committee expressed surprise when Bureau of Internal Revenue (BIR) Deputy Commissioner Lilia Guillermo testified that the proposed plan to put tax stamps on tobacco and alcohol products will cost $394 million (P18 billion), up from $300 million (P14 billion) six months ago.
                    [DatePublished] => 2009-11-15 00:00:00
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VICTOR FRANCISO ORTEGA

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                    [Title] => House panel stumped by high cost of tax stamp scheme
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Members of the powerful House ways and means committee expressed surprise when Bureau of Internal Revenue (BIR) Deputy Commissioner Lilia Guillermo testified that the proposed plan to put tax stamps on tobacco and alcohol products will cost $394 million (P18 billion), up from $300 million (P14 billion) six months ago.
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abtest

House panel stumped by high cost of tax stamp scheme

November 15, 2009 - 12:00am

Members of the powerful House ways and means committee expressed surprise when Bureau of Internal Revenue (BIR) Deputy Commissioner Lilia Guillermo testified that the proposed plan to put tax stamps on tobacco and...

Business