IT Upgrades Set to Boost Fight Against Corruption

Millennium Challenge Corporation to Arm RIPS with a Case Management System The Department of Finance's (DOF) Revenue Integrity Protection Service (RIPS), a program successfully rooting out erring and corrupt officials…

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Customs slaps smuggling raps on Starcraft

Another top rice importer faces smuggling-related charges filed by the Bureau of Customs (BOC) for bringing in rice without government permits. Four separate complaints were filed by BOC Acting District…

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Statement of Finance Secretary Cesar V. Purisima on Q3 2014 GDP growth

“Economic growth rates offer a picture of a country’s trajectory, and growth is rarely a straight line. The Philippines under President Aquino’s leadership has consistently shown that we have changed…

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RIPS Scores Another Victory for DOF in Anti-Corruption Drive

Revenue Integrity Protection Service to cause forfeiture of ill-gotten wealth The Department of Finance’s (DOF) Revenue Integrity Protection Service (RIPS) scored yet another victory after the Office of the Ombudsman…

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PDIC inks cross-border cooperation agreement with Thailand

CROSS-BORDER COOPERATION AND INFORMATION-SHARING. The Philippine Deposit Insurance Corporation (PDIC) and the Deposit Protection Agency of Thailand (DPA) signed an agreement on cross-border cooperation and information-sharing on November 20, 2014…

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BOC revenue growth streak continues for 10th straight month

Despite challenges brought about by congestion at the country’s largest ports, the Bureau of Customs (BOC) managed to improve revenue collections, setting a new record for the highest-ever single-month collection.…

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Tuguegarao-based wholesaler charged with willful failure to pay tax

The Bureau of Internal Revenue (BIR) today filed two (2) separate criminal complaints with the Department of Justice against a delinquent taxpayer from Tuguegarao City for Willful Failure to Pay…

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