Various groups have backed a proposal by Rep. Dakila Carlo Cua and the Department of Finance (DOF) to adopt a fuel marking and monitoring system as a way to prevent…
Finance Secretary Carlos Dominguez III has directed local treasurers in areas hosting mining projects to assess the impact on the would-be affected local government units (LGUs) of the closure or…
The Bureau of Customs (BOC) posted revenues of P32.87-Billion in September 2014, the highest-ever single-month collection of the agency, on the back of continuous improvements in valuation and an increase…
For the first half of 2014, the Philippines recorded a tax to GDP ratio of 13.7% of GDP, marking an increase from 13.6% in the first half (H1) of 2013…
The Bureau of Internal Revenue (BIR) issued Revenue Regulations (RR) No. 11-2013 dated July 12, 2013 amending the requirements for deductibility of certain income payments under Section 2.58.5 of RR…
Two (2) officials from the Department of Finance’s (DOF) attached agencies are facing preliminary investigation by the Office of the Ombudsman due to non-disclosures and misleading information in their sworn…
Amidst the reforms now being done by the Philippine Shippers Bureau (PSB), Bureau of Customs (BOC) and industry leaders to correct the endemic problem of late, if not undelivered cargoes…
The Bureau of Customs (BOC) Integrated Philippine Computer System (IPCS) which is designed to overhaul the Bureau's existing information technology set-up to address the recurring problem of computer network slow…
On the development of the country's mineral resources. "The Philippines is indeed rich in mineral resources. The Executive Order that has been signed seeks to develop a responsible mining industry…
The passage of House Bill 5727 at the Lower House signifies the political will of this administration to institute needed reforms that shall help us achieve macroeconomic stability and fiscal…
