BIR Circular which sparks the taxability of PF Share

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This is the medium where you first knew me and this is where I want to personally reach out to you to express my deepest and heartfelt “THANK YOU” for all the years that you trusted me.

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Admin Number of posts : 1428 Registration date : 2008-12-16

This is the BIR Memo Circular issued by Commissioner Kim Henares which spread like wildfire causing alarm to all LandBankers on the taxability of PF Share. However amidst all the talks, let us wait for the official stand of our management on this issue.

BIR Circular which sparks the taxability of PF Share Pfo_ta10

BIR Circular which sparks the taxability of PF Share Pfo_ta10

BIR Circular which sparks the taxability of PF Share Pfo_ta11

Number of posts : 238 Registration date : 2010-05-18

Meron bang plan of action ang LBP/LBPEA for this matter? Habang maaga pa gawan na nang
paraan baka mapunta lang ito sa malakanyang. Baka pag awayan naman ito nang mga senador.

Admin Number of posts : 1428 Registration date : 2008-12-16

9308 wrote:: Meron bang plan of action ang LBP/LBPEA for this matter? Habang maaga pa gawan na nang
paraan baka mapunta lang ito sa malakanyang. Baka pag awayan naman ito nang mga senador.

Actually, the issue was deliberated by the NEB last June meeting but the Board opted not to preempt the plan of action of the PF Board. We will have to wait for the PF Board to come up with a solution then from there the NEB has to consider its effect whether favorable or not to the ranks and make our counter proposal if so necessary.

Number of posts : 112 Registration date : 2010-10-30

Hoping that the action of the PF Board is fast enough because this Henares is fast on the trigger, the MC is effective immediately.

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