SEC News Service Series of 2014 May 22, 2014

Abstract:

Tax Watch zeroing in on resorts.
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As resorts are sure to rake in plenty of cash during the summer, the Department of Finance (DOF) has turned its sights on these establishments to make sure that they are paying the right amount of taxes.

The DOF's latest shame campaign listed some hotels and resorts as culled from various websites, such as It's More Fun in the Philippines, Trip Advisor, Wayph.com, Tourism.gov.ph and Wego.com.ph whichh failed to file their income tax returns for 2012.

Among these are Costa Carina Beach Front and Kangaroo Beach resort, both registered in revenue district office (RDO) 13 in Tuguegarao City.

Info
Source InstitutionSecurities and Exchange Commission
Source URLhttp://www.sec.gov.ph/aboutsec/SEC%20News/SEC_News_052214.pdf
Page Count20
Place of PublicationMandaluyong City
Original Publication DateMay 22, 2014
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