The Court of Tax Appeals (CTA) has cancelled and set aside the P8.04 million documentary stamp tax (DST) deficiencies for taxable year 2008 allegedly incurred by Montalban Methane Power Corporation, a firm engaged in Clean Development Mechanism Project under the United Nations Convention on Climate...
A private individual pleaded guilty to a lesser offense of frauds against public treasury, instead of violation of the Anti-Graft and Corrupt Practices Act, and was ordered to pay a fine of P1,000 by the Sandiganbayan. In a resolution, the anti-graft court granted the motion for plea bargaining...
The Sandiganbayan has acquitted former postmaster general Maria Josefina Mendoza Dela Cruz in each of her two graft and two unlawful appointment charges involving the same employee of the Philippine Postal Corporation (PhilPost) in 2011 and 2013. Dela Cruz was charged in the appointment of Esther...
The Court of Tax Appeals (CTA) has affirmed its division's ruling that cancelled the order for the payment of over P902 million taxes and compromise penalty, and more than P182 million in deficiency taxes issued by the Bureau of Internal Revenue (BIR) against Philusa Corporation, a firm engaged in...
Deputy minority leader Senator Risa Hontiveros on Wednesday, September 20 renewed her call for China to indemnify the Philippine government for the environmental damages they caused in the West Philippine Sea. Hontiveros made the push after the Philippine Coast Guard (PCG)...
(MANILA BULLETIN) House Speaker Martin Romualdez defended the more controversial points of the Maharlika Investment Fund (MIF) on Tuesday, Sept. 19--the same day that former and incumbent solons sought to have the fund declared unconstitutional by the...
The Court of Tax Appeals (CTA) has ordered the Bureau of Internal Revenue (BIR) to refund to British American Tobacco, Limited P305.8 million representing the unutilized advanced deposit in Internal Revenue Stamp Integrated System (IRSIS) and on credits for unused, spoiled, and bad order internal...
Manila Prince Hotel is excited to announce the reopening of its esteemed Chinese restaurant, Dragon Court. Located at lobby level, Dragon Court’s reopening is part of the hotel’s month-long anniversary celebration and is set to welcome guests to an unforgettable dining experience starting Sept....
The Commission on Audit (COA) has granted the petition for money claim filed by Southern Philippines Power Corporation (SPPC) against the National Power Corporation (NPC) and the Power Sector Assets and Liabilities Management Corporation (PSALM) for the payment of contractual obligations under the...
The Court of Tax Appeals (CTA) has denied the petition filed by FCF Minerals Corporation (FCF) -- a firm engaged in the exploration, development, and commercial operation of mineral claims -- to refund the P57.8 million taxes it paid for its imported equipment. In 2009, FCF and the government...
The Sandiganbayan has affirmed the conviction of Police Senior Inspector Mercita P. Eya for two counts of malversation of public funds involving P7.26 million from 1992 to 1993. Affirmed was the ruling handed down by the Quezon City regional trial court (RTC) which found Eya guilty beyond...
The Commission on Audit (COA) has dismissed, due to pending Supreme Court (SC) cases, the petition for money claim filed by MTD Philippines, Inc. which sought the payment by the Calamba City government of P755,006,011.34 for the botched construction of the CALABARZON Regional Government Center in...
