DOF extends anew deadlines on tax amnesty, voluntary assessment program

The Department of Finance (DOF) has issued Revenue Regulations (RR) Nos. 32-2020 and 33-2020 extending until June 2021 the respective deadlines for availing of the Tax Amnesty on Delinquencies (TAD)…

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Dominguez says COVID-19 challenge highlights importance of global solidarity

Finance Secretary Carlos Dominguez III said the unprecedented challenge brought by the COVID-19 pandemic has underscored the importance of “greater solidarity and stronger collaboration among nations” for the world to…

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PSE to CMDC: Capital markets ‘doing very well’ despite pandemic

The Philippines’ equities market dipped by only 9.4 percent, closing at 7,080.62 as of December 2 this year, compared to the 2019 finish of 7,815.26, while capital raising activities have…

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BIR collects P582-M from 196 padlocked establishments

The Bureau of Internal Revenue (BIR) collected a total of P582.5 million in taxes from January to November this year from 196 commercial establishments that were padlocked earlier for failing…

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BIR, BOC speed up digitalization projects amid pandemic

The Bureau of Internal Revenue (BIR) and Bureau of Customs (BOC) have put their respective digital transformation programs on the fast lane this year even amid the COVID-19 pandemic to…

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PHL exploring innovative financing to protect fiscal health vs adversities

Finance Secretary Carlos Dominguez III said Wednesday the Philippines is looking forward to a strengthened partnership with the World Bank (WB) in boosting the country’s fiscal sustainability as the government…

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