Finance Secretary Carlos Dominguez III said the growth of 5.5 percent in the second quarter was not an unexpected result given the residual effects of the four-months-and-a-half delay in the…
The Bureau of Internal Revenue (BIR) has collected an initial P186 million in withholding taxes from Philippine Offshore Gaming Operators (POGOs) and is getting another P170 million this month in…
Finance Secretary Carlos Dominguez III, along with high-ranking officials of four other government agencies, signed Wednesday a new and enhanced memorandum of agreement (MOA) aimed at improving the ease of…
The Philippines gave away an estimated P1.12 trillion in tax incentives and exemptions to a select group of 3,150 companies from 2015 to 2017, according to the Department of Finance…
Secretary Carlos Dominguez III has directed key officials of the Department of Finance (DOF) led by Undersecretary Gil Beltran to guide executives of the new Bangsamoro government in running their…
Finance Secretary Carlos Dominguez III has commended the Bureau of Internal Revenue (BIR) for “leading the charge” to bring the real change of better lives that Filipinos have long yearned…
The contribution of the Philippine Charity Sweepstakes Office (PCSO) to the funds for Universal Health Care (UHC) would be minimal, accounting for only 1.2 percent of the total requirement of…
The Department of Finance (DOF) is set to release the implementing rules and regulations (IRR) on the Personal Property Security Act (PPSA) sometime in August and stakeholders are given until…
The Bureau of Customs (BOC) has thus far collected some P6.5 billion in duties from rice imports by private traders under the Republic Act (RA) No. 11203 or the Rice…
The newly signed law imposing higher taxes on cigarettes and a new tax on e-cigarettes and other alternative devices for smoking will enable the government to properly implement the Universal…
