Copying and distributing are prohibited without permission of the publisher

Social media for tax evaders

01 September 2010

A monthly commentary on the notable facts, figures and goings-on in the tax world. Suitable items should be sent to taxrelief@euromoneyplc.com

Source: www.facebook.com

Social media for tax evaders

Tax Relief has no friends and so has no need for social media sites such as Facebook and Twitter.

This is not the case for everyone though. The Philippines government has begun using the popular sites to track down individuals involved in tax evasion. President Benigno Aquino has turned to the internet to boost his campaign to eliminate tax cheats and raise government revenues.

It seemed that honest, tax-paying citizens were growing increasingly frustrated with friends and colleagues avoiding tax and so began incriminating their friends for the whole world to see by posting information on the president's Facebook page.

Kim Henares, Philippines Internal Revenue Commissioner, is now looking into more than 100 allegations of tax evasion. Her aim is to boost tax revenue to 15% of GDP within a year after it fell to 12.8% last year from a record...



This article is locked content, available to current subscribers or trialists.

  • Current subscribers or trialists - Please log in to view this article in full.
  • New users - Please take a free 7 day trial.
  • Expired subscribers or trialists - Please subscribe to gain immediate full access.

If you think you've received this message in error, please contact your account manager, Nick Burroughs:
Email: nburroughs@euromoneyplc.com, Tel: +44 (0)207 779 8379

Subscribe now

Subscribe today to gain full access to International Tax Review.

Subscribe

Free trial

Take a free trial now and gain 7 days of full access to International Tax Review.

Free trial





International Tax Review Profile

Welcome to all our new followers (2) @TaxChaos @imadabounasr @edsonuribe @BusEdAus @Regal_Tax @mazzine @vadivelfca

Oct 21 2014 03:01 ·  reply ·  retweet ·  favourite
International Tax Review Profile

RT @Withers_PR: @WithersLLP's Giulia Cipollini speaks to @IntlTaxReview on merits of Italy's new voluntary disclosure programme http://t.co

Oct 21 2014 02:59 ·  reply ·  retweet ·  favourite
International Tax Review Profile

Welcome to all our new followers @madhur9278 @cesregalado @mizaanali @nonexecs @bruce_hooper @janhargas @MarHernandezMor @BSP_Luxembourg

Oct 21 2014 02:57 ·  reply ·  retweet ·  favourite
International Tax Review Profile

RT @BSP_Luxembourg: BSP is delighted to be ranked once again as one of the leading Luxembourg tax firms in @IntlTaxReview WorldTax2015 - ht…

Oct 21 2014 02:39 ·  reply ·  retweet ·  favourite
International Tax Review Profile

If #Ireland goes for 6.25% for its knowledge development box, that would be aggressive. Lower than Neth and UK http://t.co/psg3SCNfiV

Oct 20 2014 02:17 ·  reply ·  retweet ·  favourite
International Correspondents

After the Irish budget, what would make you more likely to put more substance into Ireland?