BIR Plans to Tax CNN Hero Efren Peñaflorida

CNN Hero Efren Peñaflorida, would be paying as much as 30% of his cash award worth $100,000 from CNN to the Bureau of Internal Revenue (BIR). He would pay BIR more or less 1,380,000 pesos if it is converted to peso. According to ABS-CBNnews.com, Peñaflorida said he planned to use 90% of the money to [...]

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