WebJul 1, 2024 · Earlier this year, the head of BIR’s Large Tax Payers Audit Division 3 Simplicio Cabantac Jr. already cleared ABS-CBN from tax-related allegations when he told the Senate panel in a hearing last February 24 that the network is “regularly filing and paying their taxes for the past number of years." WebAnd then Big Dipper just gives the money back to ABS as dividends. So it's like money laundering, only it's legal. BIR was already aware of this and ABS had settled and paid only a very small portion of the actual tax they owe. So in the end ABS is clear. But it doesn't mean they are saints either.
ABS-CBN: We pay our taxes and comply with the law
WebJul 2, 2024 · ABS-CBN Corp., whose broadcast operations were ordered shut down by government regulators on May 5, remitted P15.3 billion in taxes from 2016 to 2024 alone, said Assistant Commissioner Manuel Mapoy of the Bureau of Internal Revenue (BIR). Critics have accused ABS-CBN of allegedly using a subsidiary, Big Dipper, to avoid paying the … WebAug 12, 2024 · After Deal With TV5, ABS-CBN Must Clear 'Violations' First, According to NTC Chief. Pending the final closing of some transactions this August, the deal between ABS-CBN and TV5 is good to go. But if we were to ask the National Telecommunications Commission (NTC), there are still some supposed "violations" that ABS-CBN needs to … dhl ecommerce international packet plus
ABS-CBN
WebJul 1, 2024 · BIR clears ABS-CBN of tax delinquency. 7/1/2024 11:00:00 PM. Abs-Cbn, Abs-Cbn Franchise. ... BIR says ABS-CBN has no tax deliquency ABS-CBN heeds … WebAfter the BBM-Sara UniTeam's rally in Santa Maria, Bulacan, Marcos spokesman Atty. Vic Rodriguez said the BIR is the proper authority to answer queries about the alleged liabilities. The camp of one of Marcos' rivals in the May elections, Manila Mayor Francisco "Isko Moreno" Domagoso, has formally inquired with the BIR regarding the issue. WebFeb 9, 2024 · President Rodrigo Duterte tried to explain his vow to block the renewal of ABS-CBN’s franchise by resurfacing previous allegations on the Lopez family debts which have been repeatedly addressed.. In his nation address that aired Monday evening, Duterte stressed that he will not allow the National Telecommunications Commission to grant the … dhl ecommerce parcel inbound standard