Pinnacor News

WHEN we lowly folks, not knowing that they are fake, use counterfeit bills to pay our taxes, the Bureau of Internal Revenue through its authorized agent banks, spotting the forgery, correctly rejects our payment.

BAGUIO CITY The Bureau of Internal Revenue has lost its bid to collect some P600.7 million in alleged deficiency excise taxes from Petron Corporation for taxable years 1995 to 1998 when the Supreme Court dismissed its petition for lack of merit.

Five-fold mega SUV shootout: Mitsubishi ASX v Nissan X-Trail v Honda CR-V v Hyundai Tucson v Peugeot 3008! It has been reported that Esso station operators in the Klang Valley have been facing fuel supply shortage, with some resorting to shutting down temporarily as their pumps ran dry.

MANILA, Philippines - The Bureau of Internal Revenue suffered a legal setback when the Court of Appeals barred it from collecting more than P2.8 billion tax liabilities from two giant oil companies Pilipinas Shell Petroleum Corporation and Petron Corporation following the invalidation of their respective tax credit certificates .

The company engages in refining of petrochemicals and crude oil, marketing and distribution of refined petroleum products.