Philippines Anti-Cybercrime Police Groupe MOST WANTED PEOPLE List!

 

 

 

#1 Mick Jerold Dela Cruz

Present Address: 1989 C. Pavia St. Tondo, Manila

If you have any information about that person please call

to Anti-Cybercrime Department Police of Philippines:

Contact Numbers:

Complaint Action Center / Hotline:
Tel. +63 (8) 723-0401 local 7491
Smart/Viber: +63 961 829 8083

#2 Gremelyn Nemuco

Present Address; One Rockwell, Makati City

If you have any information about that person please call

to Anti-Cybercrime Department Police of Philippines:

Contact Numbers:

Complaint Action Center / Hotline:
Tel. +63 (8) 723-0401 local 7491
Smart/Viber: +63 961 829 8083

#3 Vinna Vargas

Address: Imus, Cavite 

If you have any information about that person please call

to Anti-Cybercrime Department Police of Philippines:

Contact Numbers:

Complaint Action Center / Hotline:
Tel. +63 (8) 723-0401 local 7491
Smart/Viber: +63 961 829 8083

#4 Ivan Dela Cruz

Present Address: Imus, Cavite

If you have any information about that person please call

to Anti-Cybercrime Department Police of Philippines:

Contact Numbers:

Complaint Action Center / Hotline:
Tel. +63 (8) 723-0401 local 7491
Smart/Viber: +63 961 829 8083

#5 Elton Danao

Permanent Address: 2026 Leveriza, Fourth Pasay, Manila 
Present Address: Naic, Cavite

If you have any information about that person please call

to Anti-Cybercrime Department Police of Philippines:

Contact Numbers:

Complaint Action Center / Hotline:
Tel. +63 (8) 723-0401 local 7491
Smart/Viber: +63 961 829 8083

#6 Virgelito Dada

Present Address: Grass Residences, Quezon City 

If you have any information about that person please call

to Anti-Cybercrime Department Police of Philippines:

Contact Numbers:

Complaint Action Center / Hotline:
Tel. +63 (8) 723-0401 local 7491
Smart/Viber: +63 961 829 8083

#7 John Christopher Salazar

Permanent address: Rivergreen City Residences, Sta. Ana, Manila

If you have any information about that person please call

to Anti-Cybercrime Department Police of Philippines:

Contact Numbers:

Complaint Action Center / Hotline:
Tel. +63 (8) 723-0401 local 7491
Smart/Viber: +63 961 829 8083

#8 Xanty Octavo 

If you have any information about that person please call

to Anti-Cybercrime Department Police of Philippines:

Contact Numbers:

Complaint Action Center / Hotline:
Tel. +63 (8) 723-0401 local 7491
Smart/Viber: +63 961 829 8083

 

 

 

 

 

 

 

 

 

 

#9 Daniel Boco

Address: Imus, Cavite

 

If you have any information about that person please call

to Anti-Cybercrime Department Police of Philippines:

Contact Numbers:

Complaint Action Center / Hotline:
Tel. +63 (8) 723-0401 local 7491
Smart/Viber: +63 961 829 8083

 

 

#10 James Gonzalo Tulabot

Permanent Address: Blk. 4 Lot 30, Daisy St. Lancaster Residences, Alapaan II-A, Imus, Cavite 
Present Address: Pasay City

If you have any information about that person please call

to Anti-Cybercrime Department Police of Philippines:

Contact Numbers:

Complaint Action Center / Hotline:
Tel. +63 (8) 723-0401 local 7491
Smart/Viber: +63 961 829 8083

#11 Lea Jeanee Belleza

If you have any information about that person please call

to Anti-Cybercrime Department Police of Philippines:

Contact Numbers:

Complaint Action Center / Hotline:
Tel. +63 (8) 723-0401 local 7491
Smart/Viber: +63 961 829 8083

#12 Juan Sonny Belleza

If you have any information about that person please call

to Anti-Cybercrime Department Police of Philippines:

Contact Numbers:

Complaint Action Center / Hotline:
Tel. +63 (8) 723-0401 local 7491
Smart/Viber: +63 961 829 8083

       

 

FXCL SCAM Company Details:

OUTSTRIVE SOLUTIONS PH CALL CENTER SERVICES

OUTSTRIVE SOLUTIONS PH CALL CENTER SERVICES



The process by which the tax is computed and determined is what we call the "self-assessment" method, and the resulting tax a "self-assessed" tax. The act of tendering the payment of this self-assessed tax, on the other hand, is referred to as "voluntary payment" or "voluntary compliance." For as long as the BIR can look to the government and private sectors for support in its tax awareness and revenue-generating efforts, the goal of attaining the P 397 Billion revenue target for the year 2000 will not be far from becoming a reality. Cash Register Machines and Point-of-Sale Machines – amending Revenue Regulations No. 10-99, further strengthening the manner of issuing permits and the monitoring requirements for the use of cash register machines and Point-of-Sale machines by business establishments. Time and again, you have heard how crucial the attainment of your revenue goal is to the success of economic development efforts. It is a task that has, through the years, become increasingly difficult, more so, with your agency’s very limited budget situation, your need for better and more modern equipment and working conditions, and your own modest compensation.

Existing tax laws, regulations and circulars have not been amended to provide for the particular tax treatment applicable to E-commerce. During the deliberations of R.A. 8792 or the E-Commerce Act, several legislators have actually raised a number of taxation issues. Nevertheless, the legislators deemed it fit not to introduce tax matters in the bill for to do so would be like rewriting a whole set of codal laws over something which has not yet fully evolved in the Philippines. Lateral Attrition BillThis Bill will optimize the potential of the BIR as the premier revenue-generating agency of the country through the institution of the grant of incentives to revenue officers who will meet their collection targets, as well as the imposition of well-defined sanctions and attrition to those who will unjustifiably fail to collect their assigned goal. Every anniversary, the Bureau looks back on its legacy of service, and weighs the accomplishments of the present against the memories of the past. When four years from now, you shall celebrate your centennial and look back on one hundred years of your existence as an organization, may you remember your ninety-sixth year not only as the year the BIR stepped into the 21stcentury, but as the year when tax administration took the country beyond a new horizon of progress and peace. Ninety-six years have transformed the Bureau from a fledgling arm of the Department of Finance, to a sprawling government agency that annually accounts for at least ten to eleven percent of our Gross National Product. None of this could have been possible without the dedicated efforts of generations of revenuers, one of them being my own grandfather. As I told the participants of our recent Senior Management Training seminar in Tagaytay some weeks ago, becoming globally competitive does not just consist in being able to produce world-class goods and services.

SALES & PROMOTION REPRESENTATIVE (SPR)

In capital budgeting, sensitivity analysis is used A. To determine whether an investment is profitable. To see how a decision would be affected by changes in variables. To test the relationship of the IRR and NPV.
Senior Defense Research Officer
It is in the last area where taxpayers can expect a lot of improvements in terms of the taxpayer’s compliance and the BIR’s rendering of service. The good news is that there is a possibility that positive changes are forthcoming. With the signing into law last June 14 of Republic Act 8792, or the Electronic Commerce Act of 2000 (E-Commerce law), the exciting field of "cybertaxation" is probably just in the near future. Cybertaxation is the way tax laws and rules may be implemented in this New Economy or Information Age, with all the conveniences and benefits in using modern technology, internet and computers. After the enactment of the E-Commerce Law, the government immediately issued the implementing rules and regulations last July 13. On this same day, President Estrada also directed all government agencies to submit their Plan of Action for the full implementation of the E-Commerce Law. The law mandates all government offices to accept electronic data messages or documents in their transactions within two years from the date of the effectivity of the law. Each year, we go through a process of complying with our tax payment and business registration requirements. Once a new year sets in, we prepare to queue in the city or municipal halls to pay or secure our business permits, fire inspection fees, community tax certificates .

Bachelor of Science in Business Administration, Major in Financial Management

This collection performance is a result of the Bureau’s strict adherence to its Strategy Roadmap that requires service improvement and good governance. All these efforts lead to taxpayer satisfaction and compliance and eventually to a sustained collection growth. Authentication of Documents. The certificate of authentication may also be made by a secretary of the embassy or legation, consul general, consul, vice consul, consular agent or any officer in the foreign service of the Philippines stationed in the foreign State in which the record is kept, and authenticated by stole my deposit the seal of his office. Upon verified ex parte petition by the AMLC and after determination that probable cause exists that any monetary instrument or property is in any way related to any unlawful activity as defined in Rule 3.h hereof or to a money laundering offense, the Court of Appeals may issue a freeze order on said monetary instrument or property which shall be effective immediately. Politically Exposed Persons. - A Covered institution shall take reasonable measures to determine whether a customer or beneficial owner is a PEP as defined under Rule 3.b.2 hereof.

  • Although it is generally recognized that tax incentives play an important role in encouraging investment initiatives for the attainment of development goals, many difficult and delicate administrative problems are connected with its implementation.
  • Since not all industries could be covered in the law’s listing, there were requests for Congressional amendments or for a liberal interpretation that would include related industries which were far from basic.
  • “We welcome all sorts of investments in Singapore, but we will not allow anyone to come in and use our system” for illegal activities.
  • A.3.The Payment Order/Confirmation Receipt (PO/CR) System.In 1982, the Revenue Tax Receipt , was replaced by the Payment Order , to avoid confusion.
  • Still, I am cautiously optimistic that our revenue goal is attainable, provided that we can, and if I may add a qualifier to our anniversary theme, continue " working together towards progress in the new millennium."

However, this paper will focus its discussion only on the income tax policies and tax rates imposed on the income of non-resident aliens and foreign corporations as well as the value added tax system. On the other hand, tax evasion models developed by economists Allingham and Sandmo in 1972, and by Srinivasan in 1973, hold that the rate at which taxpayers resort to tax evasion is dependent not only on the penalties involved, but also on the probability of detection by the tax authority, and on tax rates themselves. The Land Registration Authority and Land Transportation Office are simultaneously undergoing comprehensive computerization development and acquisition programs. In a matter of time, these two offices will be able to better service the requirements of its publics when it can offer remote or electronic filing of registration documents and payment of fees and licenses. Tax neutrality should be the governing principle in the interim. This presupposes that the taxing authority should impose no more taxes upon E-Commerce transactions than what is imposed upon the same activity conducted by conventional means. Electronic Commerce (E-Commerce) – regulations to define the impact of the E-Commerce Law with respect to tax administration, such as electronic filing of returns, e-payment of taxes, electronic issuance of invoices and receipts, and the redefinition of tax venue and jurisdiction for business transactions effected electronically.

Upon receipt of the freeze order issued by the Court of Appeals and upon verification by the covered institution that the related accounts originated from and/or are materially linked to the monetary instrument or property subject of the freeze order, the covered institution shall freeze these related accounts wherever these may be found. The covered institution shall likewise immediately furnish a copy of the notice of the freeze order upon the owner or holder of the monetary instrument or property or related accounts subject thereof. Upon receipt of the notice of the freeze order, the covered institution concerned shall immediately freeze the monetary instrument or property and related accounts subject thereof. Definition of Probable Cause. Trustee, Nominee, Agent or Intermediary account. The covered institution shall determine the true nature of the parties’ capacities and duties by obtaining a copy of the written document evidencing their relationship and apply the same standards for assessing the risk profile and determining the standard of due diligence to be applied to both.

Why do the NPV method and the IRR method sometimes produce different rankings of mutually exclusive investment projects? The NPV method does not assume reinvestment of cash flows while the IRR method assumes the cash flows will be reinvested at the internal rate of return. The NPV method assumes a reinvestment rate equal to the discount rate while the IRR method assumes a reinvestment rate equal to the internal rate of return. The IRR method does not assume reinvestment of the cash flows while the NPV assumes the reinvestment rate is equal to the discount rate.

Note that when the Constitution or the law places nationality restrictions on the ownership of certain businesses, those companies are not allowed to employ aliens or place them in management positions. At most, the law permits these foreign investors a proportional representation in the governing body of the entity, that is, the Board of Directors. Violations of these nationality restrictions usually result in criminal penalties under the Anti-Dummy Law. Notably, no foreign ownership restrictions are imposed on export enterprises where at least 60% of its output is exported, or on a trader that purchases products domestically and exports at least sixty percent (60%) of such purchases. In contrast, small businesses that serve the domestic or local market can only have a maximum of forty percent (40%) foreign ownership if its paid-in capital is less than US$200,000. Organized under foreign laws and sanctioned as doing business in the Philippines by the Corporation Code, of which Filipinos own less than 100% of the outstanding voting capital stock.

What are 4 types of investments?

  • Growth investments.
  • Shares.
  • Property.
  • Defensive investments.
  • Cash.
  • Fixed interest.

Specially so because the absence of Santos’ signature in the contract is, likewise, indicative of a scheme to circumvent and evade liability should the pyramid fall apart. No matter Santos’ strenuous objections, it is apparent that she connected the probable investors, Sy and Lorenzo, to Fxclearing.comoration and/or FXCL, acting as an ostensible agent of the latter on the viability of Fxclearing.comoration as an investment company. At each point of Sy’s and Lorenzo’s investment, Santos’ participation thereon, even if not shown strictly on paper, was prima facie established. 3.13."Salesman" is a natural person, employed as such as an agent, by a dealer, issuer or broker to buy and sell securities. Generally, at the preliminary investigation proper, the investigating prosecutor, and ultimately, the Secretary of the DOJ, is afforded wide latitude of discretion in the exercise of its power to determine probable cause to warrant criminal prosecution. The determination of probable cause is an executive function where the prosecutor determines merely that a crime has been committed and that the accused has committed the same.17 The rules do not require that a prosecutor has moral certainty of the guilt of a person simply for preliminary investigation purposes. These printed/prepared handouts contain the assurances or guarantees of FXCL and the instructions on where and how to deposit the investors’ money. Or more investors "pool" their resources creating a common enterprise, even if the promoter receives nothing more than a broker’s commission. Undoubtedly, the PMPA is an investment contract falling within the purview of the term securities as defined by law. Securities have been defined as shares, participation or interest in a corporation or in a commercial enterprise or profit making venture and evidenced by a certificate, contract, instrument, whether written or electronic in character.

x09 capital budgeting

We also have gotten used to annually bringing our cars to the Land Transportation Office to pay our car registration fees and every three years, to pay the fees for our drivers license. Of course we should not forget that every year, we still have to comply and pay our real property taxes and to file our income tax returns. The NIRC of 1997 particularly Title IV also provides for the imposition of Value- Added Tax . On each sale of goods, properties or services starting from the beginning of the production and distribution process and culminating with the sale to the final consumer, the Value-Added Tax is imposed. One of the significant characteristics of Value- Added Tax is that the tax is applied only to the value added by the firm, that is, to the excess of sales over its purchases of goods from other firms. The Philippines adopted the tax credit method, that is, Value-Added Tax paid on its purchases of goods, properties or services for business use, including tax paid on purchases of capital equipment referred to as input tax is allowed as a credit against Value-Added Tax due on his taxable sales or output tax. Any person, who in the course of trade or business, sells, barters, exchanges, leases goods or properties, renders services, and any person who imports goods shall be subject to VAT. Prior to the adoption of the self-assessment system in 1959, there were relatively few income taxpayers, hence the Bureau, despite its meager resources, could effectively service a rather small taxpayer base.

What is the main problem of capital market in the Philippines?

Key issues include: a lack of commitment to reform from key stakeholders that has impeded the development of markets and market infrastructure; an onerous tax environment that has deterred issuance and investment; a continuing need to improve investor confidence by strengthening the quality of supervision and ...

For the year 2000, the Bureau’s budget was even slashed down to only P 2.4 Billion, which means that the BIR is expected to spend only P 0.60 for every P 100 it collects. The issuance and dissemination of Revenue Regulations to implement the amendments introduced by the Comprehensive Tax Reform Program contributed to the enhancement of taxpayer compliance. To date, the Bureau had issued thirty-one Revenue Regulations and seventeen Revenue Memorandum Circulars to implement the CTRP, as well as give clarifications on its provisions. The full utilization of existing tax computerization capabilities to improve tax compliance and operational efficiency is one of the Bureau’s priorities under the administration of Commissioner Dakila Fonacier. During the same period, the BIR’s tax effort registered at 11.81%, exceeded the targeted tax effort of 10.57%. I know that government asks much of you. But I trust that despite the many challenges that are inherent in public service, you may still perceive behind the day-to-day routine of your work, the opportunity to change, in your own small way, the course of our nation’s history.

There is too much time and paper work in the availment of such privileges. The registered firms generally have to apply with their respective administering agencies for each and every incentive they wish to avail of during the allowable period. For example, for tax and duty-free importations, an evaluation is needed as to whether the importation arises from a registered activity or not before a certificate of eligibility for incentives is issued. Aside from BOI, other government agencies involved in the actual processing of the application for incentive availment are Bureau of Internal Revenue , Bureau of Customs , PEZA, etc. Documentary requirements are so over-whelming as to entail too much time and expense on the part of the applicant. A tax credit equivalent to the national internal revenue taxes and duties paid on raw materials, supplies and semi-manufacture of export products and forming part thereof shall be granted a registered enterprise. A tax credit equivalent to 100% of the value of national internal revenue taxes and customs duties on local breeding stocks within ten years from date of registration or commercial operation for agricultural producers. Republic Act 7844 , otherwise known as the Export Development Act of 1994 , provided macroeconomic policy framework to support the development of the export market and the activities undertaken by exporters who earn at least fifty percent (50%) of its total revenues from the sale of products or services abroad. As a matter of government policy, anyone, regardless of nationality is welcome to invest in the Philippines in almost all areas, and up to the extent of one hundred percent (100%) ownership. The Philippines is largely dependent on foreign investment to boost its economy.

The primary capital budgeting method that uses discounted cash flow techniques is the A. Net present value method. Cash payback technique. Annual rate of return method. Profitability index method. XYZ Co. is adopting just-in-time principles.

Kindly be advised that submission of application is not later than31 OCTOBER 2021. Applicants must strictly limit their application to only one desired vacant position. Further, applications with INCOMPLETE attachments of requirements WILL NOT BE ACCEPTED. Kindly be advised that submission of application is not later than12 November 2021. Application with complete attachments of requirements will only be accepted. Kindly be advised that submission of application is not later than12 March 2022. What is palpable from the foregoing is that Sy and Lorenzo did not go directly to Liew or any of Fxclearing.comoration’s and/or FXCL’s principal officers before making their investment or renewing their prior investment. However, undeniably, Santos actively recruited and referred possible investors to Fxclearing.comoration and/or FXCL and acted as the go-between on behalf of Fxclearing.comoration and/or FXCL.
scam
“Covered Transaction” is a transaction in cash or other equivalent monetary instrument involving a total amount in excess of five hundred thousand pesos (Php500,000.00) within one banking day. “Transaction” refers to any act establishing any right or obligation or giving rise to any contractual or legal relationship between the parties thereto. It also includes any movement of funds by any means with a covered institution. All other accounts, shares, units or monetary instruments that are similar, analogous or identical to any of the foregoing. A mutual fund or an open-end investment company includes an investment company which is offering for sale or has outstanding, any redeemable security of which it is the issuer. An investment house includes an enterprise which engages or purports to engage, whether regularly or on an isolated basis, in the underwriting of securities of another person or enterprise, including securities of the Government and its instrumentalities. A securities dealer includes any person who buys and sells securities for his/her account in the ordinary course of business. An insurance agent includes any person who solicits or obtains insurance on behalf of any insurance company or transmits for a person other than himself an application for a policy or contract of insurance to or from such company or offers or assumes to act in the negotiation of such insurance. – The tax shall be computed upon the taxable income of the estate or trust and shall be paid by the fiduciary, except as provided in Section 63 and Section 64 . “In case the taxpayer elects and is qualified to report the gain by installments under Section 49 of this Code, the tax due from each installment payment shall be paid within days from the receipt of such payments.

  • The government in general, and the DOF and the BIR in particular, have thus far not made any formal pronouncement regarding the specifics of taxation of electronic commerce.
  • The financial position of the taxpayer demonstrates a clear inability to pay the assessed tax.
  • Penalties under Section 4 of the AMLA, as amended.
  • All members of the Secretariat shall be considered regular employees of the BSP and shall be entitled to such benefits and subject to such rules and regulations as are applicable to BSP employees of similar rank.