Top managment of stealer who scam money of clients:

Juan Belleza Jr
Team Leader
2056 D Kahilum 1 Barangay 870 Zone 95 Pandacan Manila, Philippines
https://www.facebook.com/theimbachronicler
639776459387 / 639155292409

Lea Jean Belleza
Assistant
2056 D Kahilum 1 Barangay 870 Zone 95 Pandacan Manila, Philippines
https://www.facebook.com/lj.r.belleza

James Tulabot
Team Leader
https://www.facebook.com/jamescuzy

Allen Roel Costales
Sale Manager
522 Tanglaw St. Mandaluyong City Barnagay Plainview
https://www.facebook.com/allennicanor.costales
639565914849

Kristoff Salazar
Sale Team Leader
Unit 1414 Kumagawa Bldg River City Brgy 880 Sta. Ana Manila, Philippines
https://www.facebook.com/Kristoff225
639561355764

Xanty Octavo
Sale Manager
8137 Yabut Street Guadalupe Nuevo Makati City , Philippines
https://www.facebook.com/xanty.octavo
639171031948

Virgilito Dada
Account Manager
https://www.facebook.com/potsdada.antonio

Elton Danao
Sale Manager
https://www.facebook.com/eosnyssa
639175048891 / 639991854086

All of this persons need be condemned and moved in Jail.

!!!!!STOP STEAL Philippines MONEY!!!!!!

A lessee shall depreciate an asset leased under a finance lease in accordance with the relevant section of this framework for that type of asset. If there is no reasonable certainty that the lessee will obtain ownership by the end of the lease term, the asset shall be fully depreciated over the shorter of the lease term and its useful life. A lessee shall also assess at each reporting date whether an asset leased under a finance lease is impaired. This section applies to agreements that transfer the right to use assets even though substantial services by the lessor may be called for in connection with the operation or maintenance of such assets. This section does not apply to agreements that are contracts for services that do not transfer the right to use assets from one contracting party to the other. Measurement of property held by lessees that is accounted for as investment property and measurement of investment property provided by lessors under operating leases.

With the recent promulgation into law of Republic Act No. 8792, or the E-Commerce Law, which provides for the legal recognition and use of electronic commercial and non-commercial transactions, it now becomes imperative for the BIR to introduce this concept into its existing tax administration system. Under the new structure, these two implementing groups account for more than 54% of the revenue goal for CY 2000. The LTS now renders full service to 633 identified large taxpayers, while the ETS accounts for the top 100 excise taxpayers. On the occasion of the BIR’s 96thanniversary, it is worthwhile to look back and assess what the Bureau has accomplished during the first half of the year 2000. This report recounts the BIR’s collection performance and the measures it has undertaken to enhance revenue generation and improve tax administration, in pursuit of the priority actions laid down by Commissioner Dakila B. Fonacier at the start of his administration. 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. It also involves the fostering of an economic climate that it is attractive to foreign investment, whether foreign or domestic. I know that implementing these programs may not be a cake walk, but I ask you to have faith and trust in our collective efforts. In time, we will all realize the wisdom behind these objectives and overall vision.

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If actuarial or investment experience is worse than expected, the cooperative’s obligation may be increased, and vice versa if actuarial or investment experience is better than expected. If the estimated recoverable amount of the cash-generating unit exceeds its carrying amount, that excess is a reversal of an impairment loss. The cooperative shall allocate the amount of that reversal to the assets of the unit pro rata with the carrying amounts of those assets, subject to the limitation described in below. Those increases in carrying amounts shall be treated as reversals of impairment losses for individual assets and recognized immediately in profit or loss. A cooperative shall assess at each reporting date whether any inventories are impaired. The cooperative shall make the assessment by comparing the carrying amount of each item of inventory with its selling price less costs to complete and sell. If an item of inventory is impaired, the cooperative shall reduce the carrying amount of the inventory to its selling price less costs to complete and sell. That reduction is an impairment loss and it is recognized immediately in profit or loss.

Financial statements shall present fairly the financial condition, financial performance and cash flows of a cooperative. Fair presentation requires the faithful representation of the effects of transactions and events in accordance with the definitions and recognition criteria for assets, liabilities, income and expenses. Said records and files shall contain the full and true identity of the owners or holders of the accounts involved in the transactions such as the ID card and photo of individual customers and the documents mentioned in Section X806.2.b. For entities, customer information file, signature card of authorized signatory/ies, and all other pertinent customer identification documents as well as all factual circumstances and records involved in the transaction. Covered institutions shall undertake the necessary adequate security measures to ensure the confidentiality of such file. Electronic Submission of reports – The CTR and STR shall be submitted to the AMLC in a secured manner, in electronic form and in accordance with the reporting procedures prescribed by the AMLC. The covered institutions shall provide complete and accurate information of all the mandatory fields required in the report.

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Special attention will be focused on the specific cases filed before the CTA, to ensure the successful prosecution of these cases, and the conviction of tax evaders. We have therefore targeted the computerization of the remaining non-computerized Revenue District Offices by the end of 2008. To date, the Bureau has successfully computerized thirteen District Offices, and we are confident that by the end of 2008, the BIR will truly be a fully computerized public service institution. • Second, the matching of BOC records to countercheck importers’ declarations against VAT input taxes claimed in returns filed with the BIR. First among these programs is the Run After Tax Evaders or the RATE program, which is beginning to prove its worth as a deterrent against tax evasion. VAT revenues in the total amount of P 67.9 Billion were lower than the previous year’s collections of P 72 Billion or 5.7%, and were short of target by P 25.4 Billion or 27.2%.

In the bylaws of the cooperatives applying for registration, items 3 and 4 mentioned above shall therefore be included. For existing cooperatives modified allocation and distribution of net surplus shall be adopted. The existence and carrying amounts of intangible assets to which the cooperative has restricted title or that are pledged as security for liabilities. Expenditure on an intangible item that was initially recognized as an expense shall not be recognized at a later date as part of the cost of an asset. However, the preceding paragraph does not preclude recognizing a prepayment as an asset when payment for goods or services has been made in advance of the delivery of the goods or the rendering of the services. The probability recognition criterion is always considered satisfied for intangible assets that are separately acquired. Technical or commercial obsolescence arising from changes or improvements in production, or from a change in the market demand for the product or service output of the asset. Depreciation of an asset begins when it is available for use, i.e. when it is in the location and condition necessary for it to be capable of operating in the manner intended by management.

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Any person knowing that any monetary instrument or property involves the proceeds of any unlawful activity, performs or fails to perform any act as a result of which he facilitates the offense of money laundering referred to in paragraph above. Unregulated digital money such as Bitcoins can be used as a medium for illegal transactions, and can also expose consumers to risk. Further, the Philippine Data Privacy Act mandates the registration of processing systems of personal information controllers and processors which are involved in the processing of sensitive personal information of at least 1,000 individuals, whether it be of employees, clients, customers, or contractors. These claims are also wrong because there are at least two court cases that show that the couple stole from Filipinos. In one of these cases, the Supreme Court forfeited the recovered Marcos assets in favor of the Philippine government. This was easily debunked by official data, which show the peso-dollar exchange rate was already at P3 in 1965. Redeployment of Personnel.The Redeployment of officials and other personnel on the basis of the structural realignment embodied in this Executive Order shall not result in the diminution in rank and compensation of existing personnel and shall take into account pertinent Civil Service laws and rules. The Y2K problem occurred because programmers in the ’50s and ’60s, intentionally dropped the last two digits of the year data. With their desire for efficient storing and computer manipulation of dates, they used to record years using only the last two digits of the year rather than four to save in disk space – thus “99” would need two numbers less than “1999”.

• As a solution to the problem, and to encourage the use of the bank debit system as a more efficient means of paying taxes, the Bureau opted to stop the use of checks.
• We shall not be liable to you for any indirect, special, consequential, or exemplary damage or loss of any kind in connection with the use of the Komo Mobile App.
• However, the exercise of prudence does not allow the deliberate understatement of assets or income, or the deliberate overstatement of liabilities or expenses.
• When you trade in assets that are in demand, liquidity providers can easily match you with a counterparty to enable you to exit and close your open positions, before the market moves against you.

Revenue gain is the addition of profit taxes that arises because some portion of the extra funds available to firms as a result of incentives is in fact devoted to new investment expenditures that in turn generate taxable profits. Full recovery would be achieved when gains equal losses, or where the ratio equals unity. 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 created Philippine Economic Zone Authority replacing Export Processing Zone Authority created under PD 66 in 1972 with the goal of turning the zones into major contributors to the country’s industrialization and export expansion programs. It provides the legal framework and mechanism for the creation, operation, administration, and coordination of Special Economic Zones in the Philippines except Subic Bay Freeport and Clark Special Economic Zone.

Labor and other costs relating to sales and general administrative personnel are not included but are recognized as expenses in the period in which they are incurred. The cost of inventories of a service provider does not include profit margins or non-attributable overheads that are often factored into prices charged by service providers. A cooperative shall allocate fixed production overheads to the costs of conversion on the basis of the normal capacity of the production facilities. Normal capacity is the production expected to be achieved on average over a number of periods or seasons under normal circumstances, taking into account the loss of capacity resulting from planned maintenance. The amount of fixed overhead allocated to each unit of production is not increased as a consequence of low production or idle plant. Unallocated overheads are recognized as an expense in the period in which they are incurred.

Depreciation does not cease when the asset becomes idle or is retired from active use unless the asset is fully depreciated. However, under usage methods of depreciation the depreciation charge can be zero while there is no production. Costs of conducting business in a new location or with a new class of customer . Interest and other financing cost of funds borrowed intended for the construction or development of an asset.

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Finally subjecting them to VAT, without any further deferment, would raise additional revenues for the government. 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. Compared to the Bureau’s annual collection target, which increases by almost 12% every year , the BIR’s cost-to-collect has been declining from P 0.93 in 1996 to P 0.77 in 1999. 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.

There are also some objections in its relative effectiveness to stimulate investment initiatives. Certain benefits and incentives may be enjoyed by an investor provided he invests in preferred areas of investments. Pioneer areas are those which introduce new products or new processes for specific products and commodities which are reviewed yearly to determine whether they will continue as pioneer. Otherwise, they shall be considered as non-pioneer and accordingly listed as such in the Investments Priorities Plan or be removed from it.

After a reversal of an impairment loss is recognized, the cooperative shall adjust the depreciation charge for the asset in future periods to allocate the asset’s revised carrying amount, less its residual value , on a systematic basis over its remaining useful life. If the estimated recoverable amount of the asset exceeds its carrying amount, the cooperative shall increase the carrying amount to recoverable amount, subject to the limitation described in below. The cooperative may wish to use any recent financial budgets or forecasts to estimate the cash flows, if available. To estimate cash flow projections beyond the period covered by the most recent budgets or forecasts A Cooperative may wish to extrapolate the projections based on the budgets or forecasts using a steady or declining growth rate for subsequent years, unless an increasing rate can be justified. Market interest rates or other market rates of return on investments have increased during the period, and those increases are likely to affect materially the discount rate used in calculating an asset’s value in use and decrease the asset’s fair value less costs to sell. Significant changes with an adverse effect on the cooperative have taken place during the period, or will take place in the near future, in the technological, market, economic or legal environment in which the cooperative operates or in the market to which an asset is dedicated.

• A Value- Added Tax of ten percent (10%) based on the gross selling price shall be levied, assessed, collected in the case of sale, barter or exchange of goods or properties and based on gross receipts in the case of sale of services and use or lease of properties.
• Card delivery will be via courier delivery to your latest delivery address per our records.
• The Card shall remain valid until the last day of the month indicated thereon, unless otherwise suspended or terminated.
• However, if we factor out collections from T-bills and T-bonds, the disposition of which does not fall under the jurisdiction of the BIR, it is clear that the Bureau exceeded its target by P 1.2 Billion, thereby registering an increase of 0.4%.

Loan/Interest principal payment debited against borrower’s deposit account maintained with the lending bank. Knowing that a customer was or is engaged or engaging in any unlawful activity as herein defined. Transactions involving said instruments should be accordingly reported to the AMLC if there is reasonable ground to suspect that said transactions are being used to launder funds of illegitimate origin. New individual customers – Covered institutions shall develop a systematic procedure for establishing the true and full identity of new individual money stealers customers and shall open and maintain the account only in the true and full name of the account owner or owners. Customer identification – Covered institutions shall establish and record the true identity of its customers based on valid identification document/s specified in § X806.2.c. The results of the internal audit shall be timely communicated to the Board of Directors and shall be open for scrutiny by BSP examiners in the course of the regular or special examination without prejudice to the conduct of its own evaluation whenever necessary.

Ecozones are areas earmarked by the government for the development of balanced agricultural, industrial, commercial, and tourist/recreational regions. The act required PEZA to set general policies on the management and operations of Ecozones, export processing zones, free trade zones, industrial estates, agri-export processing estates, and chartered special economic zones. A Value- Added Tax of ten percent (10%) based on the gross selling price shall be levied, assessed, collected in the case of sale, barter or exchange of goods or properties and based on gross receipts in the case of sale of services and use or lease of properties. In the case of importation, the basis shall be the total value used by the Bureau of Customs in determining the tariff and custom duties, plus custom duties, Excise Taxes, if any, and other charges. However, where the custom duties are determined on the basis of the quantity or volume of the goods, the Value-Added Tax shall be based on the landed cost plus Excise Tax, if any. The BIR is headed by the Commissioner of Internal Revenue with four assistants known as Deputy Commissioners. The term “distraint” refers to the seizure by government of the personal property of a taxpayer, to enforce the payment of his tax liabilities. On the other hand, “levy” is the seizure by government of a taxpayer’s real properties and interest in, or rights to, such real properties, in order to enforce the payment of taxes. One approach toward the incessant battle against non-compliance is the identification of the sectors of business or industries and/or segments of economic activities where the degree of compliance is unacceptably low.

We have some information about owner of Fxclearing.com (FXCL) SCAM company and its may be resident of USA: Alex Teplitsky