BIR Collection for October 2014 Grew by P 6.21 Billion

For the month of October 2014, the BIR collected Php101.8 billion in tax revenues, Php6.2 billion or 6.5% more than collections made in October 2013. For October 2014, collections from…

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Philippines Joining OECD Committee on Fiscal Affairs

Philippines set to steer international efforts to address base erosion and profit shifting The Philippines is set to take a major role in steering the global response to base erosion…

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Smuggling raps filed against illegal rice trader

The Bureau of Customs (BOC) filed smuggling-related complaints against the owner of Medaglia De Oro Trading and nine Licensed Customs Brokers for importing rice without the required import permit from…

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DOF Hosts International Tax Forum 12-14 November

Forum convenes international experts to discuss best practices in tax policy and enforcement The Department of Finance is hosting the International Tax Forum, a dialogue on taxation in the context…

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Authorities seize anti-anxiety drugs

The Bureau of Customs, in partnership and cooperation with the Philippine Drug Enforcement Agency, seized two “balikbayan boxes” filled with 8,152 unbranded blister packs, or a total of 81,529 caplets…

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PHLPost, Customs to simplify examination and delivery of mail parcels

The Philippine Postal Corporation (PHLPost) and the Bureau of Customs (BOC) ink a landmark Memorandum of Agreement (MOA) that will make the process of clearing and delivery of parcels and…

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P52-B RELEASED TO YOLANDA VICTIMS SINCE 2013: DBM

Abad: Post-Yolanda Rehab on the Right Track Almost one year since Typhoon Yolanda first hit Visayas, the Department of Budget and Management (DBM) has released a total of P52 billion…

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