00:00 The Finance Department is studying to increase the budget for junk food like chichiria,
00:06 even sweetened beverages like soft drinks,
00:09 so that the government can earn more money in the coming year.
00:12 But one senator has a doubt.
00:15 We have a story. Mahab Gonzalez.
00:17 How can the government look at chichiria as expensive because of the budget?
00:24 The Department of Finance is considering the government's income in the coming year
00:30 to raise the 10 pesos tax per 100 grams or milliliter of junk food
00:35 including candy, chichiria, dessert and ice cream.
00:39 They also want to raise the budget for sweetened beverages.
00:42 In the hearing of the 2024 budget of the DOF, Senator Rafi Tulfo has a discussion.
00:48 The chichiria is already taxed. They already know that.
00:54 If we help them to raise the tax, the manufacturer will pass it to the poor.
01:03 That's my request to you. Study well.
01:08 There might be more taxes that can be raised.
01:11 When it comes to the poor, we should have a little consideration.
01:17 The DOF said that they are still studying this and there is no final ruling on this.
01:22 Tulfo also denied the Bureau of Customs because of the pecking consignees
01:27 that is the reason why the smuggled goods are smuggling in the country.
01:30 Until now, it is not yet proven who is behind the 3 billion pesos worth of shabu in Port of Subic.
01:37 According to the BOC, this is a one-time consignee and they are still investigating.
01:42 Tulfo also denied the consignee for sale that is used by smugglers.
01:48 The BOC assured that they are investigating this.
01:51 The Bureau of Internal Revenue also reported that they have accused ghost corporations and corporate buyers
01:58 that are using the so-called ghost receipts.
02:01 The ghost corporations are registered and the receipts are not fake.
02:05 The transactions or the underlying transactions are what those are the fake ones.
02:09 There's really no transaction except that you buy those receipts or invoices at a certain percentage.
02:16 Like for example, if you want a receipt valued at 1 million, you would buy that receipt for a certain percentage.
02:24 But, they say that ghost and fake receipts are used for deductions in income tax.
02:29 But when they saw that ghost corporations or the ones who issued receipts were not traced,
02:34 they no longer allow these claims.
02:36 Currently, four of the biggest ghost corporations and three of the biggest corporate buyers have been accused by the BIR.
02:43 They also said that there are more to come.
02:45 The BIR also demanded that the Senate increase their budget for salaries.
02:49 They say that they lack people, particularly tax collectors,
02:53 because they have a hard time getting personnel due to their low salaries.
02:57 For GMA Integrated News, Mav Gonzales, for Tutok, 24 Hours.
03:02 [music]
03:29 (upbeat music)
Comments