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+ Follow COMMISSIONER RENE BANEZ Tag
COMMISSIONER RENE BANEZ
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 740224
                    [Title] => PEACe Bonds subject to P5-billion taxes, BIR insists
                    [Summary] => 

Unfazed by the ruling of the Supreme Court on the tax on the so-called PEACe Bonds, the Bureau of Internal Revenue (BIR) said it is defending its position that the bonds are subject to nearly P5 billion in taxes.

[DatePublished] => 2011-10-24 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 224359 [Title] => Vultures [Summary] => GSIS chief Winston Garcia must have been surprised last week when an uninvited contingent from the Maoist group Courage materialized during a dialogue organized with the Philippine Government Employees Association (PGEA).

The radicals, composed mostly of unionists brought in from all over, were in their usual form as they tried to barge into the serene dialogue. They waved red banners, chanted obscene slogans and freely slandered the management of the public pension fund that has, to its misfortune, fallen under unwarranted controversy.
[DatePublished] => 2003-10-16 00:00:00 [ColumnID] => 134157 [Focus] => 0 [AuthorID] => 1804783 [AuthorName] => Alex Magno [SectionName] => Opinion [SectionUrl] => opinion [URL] => ) [2] => Array ( [ArticleID] => 172813 [Title] => BIR chief nagbitiw [Summary] => Isa na namang opisyal ang nalagas sa Arroyo administration ng magbitiw kahapon si Bureau of Internal Revenue (BIR) Commissioner Rene Banez na tinanggap naman ni Pangulong Arroyo.

Sa press briefing ay inihayag ni Press Secretary Ignacio Bunye na habang wala pang nahihirang na kapalit ni Banez ay pansamantalang mamumuno sa BIR si Cornelio Hizon na tinalaga ni Finance Secretary Jose Camacho.
[DatePublished] => 2002-08-20 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Bansa [SectionUrl] => bansa [URL] => ) [3] => Array ( [ArticleID] => 170258 [Title] => GMA, Cabinet OK P800-B ’03 budget [Summary] => Faced with the prospect of lower revenue collections due to a continuing global economic slowdown, Pre-sident Arroyo and her Cabinet agreed yesterday to adjust the proposed national budget for 2003 to P800.7 billion.

The decision came following a marathon meeting at Malacañang. The President and her Cabinet conceded that the P790 billion-budget proposal originally prepared by the Department of Budget and Management (DBM) would not be enough to cover the programmed expenditures for the administration’s thrust of building a "strong Republic."
[DatePublished] => 2002-07-31 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804833 [AuthorName] => Marichu A. Villanueva [SectionName] => Headlines [SectionUrl] => headlines [URL] => ) [4] => Array ( [ArticleID] => 169558 [Title] => Solon wants BIR chief fired for incompetence [Summary] => President Arroyo was urged yesterday to fire her chief taxman, Bureau of Internal Revenue (BIR) Commissioner Rene Banez, for allegedly being "incompetent" and a "certified NPA (non-performing asset)."

In making the appeal, Rep. Aniceto Saludo (Lakas, Southern Leyte) said Banez and his tax collectors were P27 billion short of their collection target for the first half of this year.

Because they "failed miserably," the government is now facing a huge budget deficit which, as of last May, stood at P107 billion, he said.
[DatePublished] => 2002-07-25 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Headlines [SectionUrl] => headlines [URL] => ) [5] => Array ( [ArticleID] => 154318 [Title] => The art of wealth management [Summary] => There’s much talk about high networth individuals but not much solid data on them.

The Bureau of Internal Revenue has in place the Large Taxpayers Service, which monitors corporate large taxpayers, but has no equivalent unit for individual large taxpayers. A task force created by Commissioner Rene Banez is currently working out the definition of who should be considered in the list of high income-earners and should be, therefore, included in the BIR’s list of individual large taxpayers.
[DatePublished] => 2002-03-18 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1488513 [AuthorName] => Margaret Jao-Grey  [SectionName] => Business As Usual [SectionUrl] => business-as-usual [URL] => ) [6] => Array ( [ArticleID] => 146227 [Title] => He just does it! [Summary] => Finance Secretary sounds more like a commercial from Nike than from Energizer.

"It does not matter if I stay for a day or months or years," he said. "I am guided by one thing – doing the right thing. That means doing the right thing consistently and accepting the consequences even if some people are critical of what I am doing."

Camacho lists down two priorities: one is to improve revenue generation and the other is economic promotion.
[DatePublished] => 2002-01-07 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1309106 [AuthorName] => Estela Banzon-De La Paz [SectionName] => Business As Usual [SectionUrl] => business-as-usual [URL] => ) [7] => Array ( [ArticleID] => 93360 [Title] => BIR seeks more powers to boost tax collection [Summary] => The Bureau of Internal Revenue (BIR) wants its proposed administrative measures to be implemented soonest to beef up its tax collection powers and reduce its targeted collection shortfall for the year.

BIR Commissioner Rene Banez admitted the tax collection agency is no longer optimistic about meeting its collection targets but added the proposed administrative measures should be able to offset the expected decline in tax collection this year.
[DatePublished] => 2001-06-29 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1704647 [AuthorName] => Rocel Felix [SectionName] => Business [SectionUrl] => business [URL] => ) [8] => Array ( [ArticleID] => 95624 [Title] => BIR seeks more powers to boost tax collection [Summary] => The Bureau of Internal Revenue (BIR) wants its proposed administrative measures to be implemented soonest to beef up its tax collection powers and reduce its targeted collection shortfall for the year.

BIR Commissioner Rene Banez admitted the tax collection agency is no longer optimistic about meeting its collection targets but added the proposed administrative measures should be able to offset the expected decline in tax collection this year.
[DatePublished] => 2001-06-29 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1704647 [AuthorName] => Rocel Felix [SectionName] => Business [SectionUrl] => business [URL] => ) [9] => Array ( [ArticleID] => 95777 [Title] => Government to fasttrack release of low-end housing tax exemptions [Summary] => The Housing and Urban Development Coordinating Council (HUDCC) and the Bureau of Internal Revenue (BIR) are set to issue new rules to further reduce the processing time of applications for exemptions from payment of capital gains tax by homeowners associations of urban poor settlers in their purchase of a housing site using loan assistance under the Community Mortgage Program (CMP).

Secretary Michael Defensor, presidential housing adviser and HUDCC chairman, made the announcement during the recent HUDCC inter-housing agency press conference held in Cebu City.
[DatePublished] => 2001-04-16 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
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