The Bureau of Internal Revenue has started auditing lawyers, doctors, engineers, accountants, and other professionals for Taxable Years 2009 and 2010 in a drive to get the Philippines’ highest-paying professionals to pay the proper amount of taxes, Araceli Francisco, director of BIR Revenue Region No. 12 said yesterday.

Francisco said that, under the new scheme, BIR will publish lists of professionals from every industry and rank their tax payments. BIR will also give special attention to those who pay the highest taxes as well as those who pay the lowest, she added.

Based on the latest data of BIR, Francisco said, last year, the 1.7 million professionals in the country only paid P9.8 billion in taxes while the 11 million compensation income earners paid a total of P115 billion in taxes.

Only 825 ‘Pasada’
cards claimed: LTO

The Land Transportation Office in Bacolod City has released 828 Pantawid Pasada or Public Transportation cards to jeepney operators as of Wednesday from the total 2,978 cards allotted for distribution in Bacolod, Joseph Danoy Jr. of LTO said yesterday.

LTO-Bacolod started the distribution of the pasada cards June 15 but Danoy said operators are not very responsive to the program of the Department of Energy, but they cannot do anything about it.

Danoy said that money will only be loaded on the cards if operators will claim them from the LTO office, contrary to the reports that DOE has not deposited the money for the fuel subsidy.

Kumon Philippines lauded
as ‘best foreign franchise’

Entrepreneur magazine recently acknowledged Kumon Philippines as Best Foreign Franchise in its July 2011 Franchising special edition, a press release from the school said.

It has been the publication’s annual tradition to give honor to local and foreign franchise businesses that have attained paramount accomplishments while benefitting the community and empowering the enterprising Pinoy.

This award is also given to franchise entities giving the most effective business modules to their franchisee with continuous support to their evolving needs and business requirements, the press release said.

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