rePost:BIR and DOF trying to fuck us again:Passage of House bill on lower income-tax cap set in March | BusinessMirror

Dear DOF and BIR dont fuck us!!! Plug you fucking leaks. WTF this is a fucking travesty. MIDDLE CLASS GISING!!!

Quimbo, however, warned that the Department of Finance and the Bureau of Internal Revenue have jointly launched a lobby drive to veto the bill increasing to P82,000 the tax exemption ceiling for the 13th-month pay and other bonuses.

“I’ve [received information] that the DOF, BIR are lobbying for the President to veto the bill raising tax-exempt ceiling of the bonuses,” he said.

Quimbo said that these agencies are pushing for an issuance of an administrative order fixing the tax exemption ceiling for bonuses to P55,000.

via Passage of House bill on lower income-tax cap set in March | BusinessMirror.