Tax and Fiscal Incentives Mr. Wade George, Partner/Regional Tax Service Line Leader - Ernst & Young. In addition to an in depth analysis of the lack of or inadequacy of present Tax and Fiscal incentive programmes, Mr. George offered a couple practical suggestions towards improving the efficiency of collections by the BIR 1. Allocate a separate Permanent Secretary to deal specifically with issues related to the BIR 2. To improve timely management of Tax appeals, make BIR accountable to the Ministry of Finance for certain/definitive key performance indicators. For example, a 50% success rate at the Tax Appeal Board
Posted on: Tue, 09 Sep 2014 13:36:08 +0000