BusinessWorld Online: Economy

Oct 092014
 

THE GOVERNMENT this week touted economic gains in a Tokyo road show in its bid to lure Japanese investors to the country, but economists warned that the country’s growth prospects may not be as rosy as the picture painted by the state — that is, unless the administration steps up efforts to address long-standing problems that constrain the economy.

Oct 062014
 

WHEN one is facing a tax assessment case we resort to exhaust all possible and available legal remedies that the law provides for the taxpayer. One of the possible and available remedies is for the taxpayer to request for a reinvestigation of the case. Under Revenue Regulations (RR) No. 18-2013, request for reinvestigation refers to a plea of re-evaluation of an assessment on the basis of newly discovered or additional evidence that a taxpayer intends to present in the reinvestigation. It may also involve a question of fact or of law or both.