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

EUobserver / Juncker survives confidence vote over #Luxembourg #tax practices. 101-461, with 88 abstentions http://t.co/6wrWOHa7bx

Nov 27 2014 05:44 ·  reply ·  retweet ·  favourite
International Tax Review Profile

.@RichardJMurphy @CanRevAgency doesn't estimate #taxgap because it would be "inaccurate" and "of limited utility" http://t.co/0rVsFmwUyf

Nov 27 2014 12:15 ·  reply ·  retweet ·  favourite
International Tax Review Profile

RT @katiewalshAFR: Eager to see which companies land in court next year in ATO $1.5bn profit shifting crackdown: http://t.co/DZ7RVnr0j5 #ta…

Nov 27 2014 12:06 ·  reply ·  retweet ·  favourite
International Tax Review Profile

Why #Singapore risks losing top spot in #Asia for regional headquarters http://t.co/XnvV9GpHRl #BEPS

Nov 27 2014 12:02 ·  reply ·  retweet ·  favourite
International Tax Review Profile

#SmithCommission: @GOVUK @scotgov will work together to avoid #doubletaxation and make tax admin simple as possible http://t.co/iWFd0uLNLD

Nov 27 2014 11:33 ·  reply ·  retweet ·  favourite
International Correspondents

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