Mandatory Tax Identification Number

By Nilo Aclan, reader

Posted at Sep 15 2008 04:05 PM | Updated as of Sep 16 2008 02:42 AM

Mandatory Tax Identification Number
Until now, the mandatory TIN (Tax Identification Number) requirement for all banks, money transfers and government transactions is not yet implemented.
I think this is the only hope for the Philippines and should be the government priority to lessen the illegal transactions. If anyone is afraid being questioned "Why you have this million-peso transactions?" while being minimum wage earner or jobless, what do you think?
Nilo Aclan