[Ask the Tax Whiz] How do enforcement programs affect BIR collections?

The Philippine Tax Whiz discusses the various priority programs of the Bureau of Internal Revenue What are the different enforcement programs of the Bureau of Internal Revenue (BIR) for the taxable year 2022? Recently, the BIR issued Revenue Memorandum Circular (RMC) No. 10-2022 to publish its priority programs and projects for 2022. Among the enforcement … Read more

How US law enforcement could take control of Russian oligarchs’ assets

Here’s how federal prosecutors could seize property belonging to allies of Russian President Vladimir Putin within the United States and use civil forfeiture laws to confiscate their assets permanently NEW YORK, USA – The US Department of Justice (DOJ) last week launched a task force aimed at choking off assets that Russian oligarchs own in … Read more