The government has thus far spent around P258 billion, or 73 percent of the P352 billion it has released for its coronavirus response programs, on emergency subsidies and other forms…
The Department of Finance (DOF) has proposed to extend the net operating loss carry-over (NOLCO) for small businesses to five years, with the government absorbing as much as P139.6 billion…
Total collections of the Bureau of Internal Revenue (BIR) from January to mid-April this year dived further to P480.64 billion, which is P226.15 billion or 32 percent below what it…
The Philippines and the Asian Development Bank (ADB) signed Thursday a loan agreement that would enable the government to access up to US$1.5 billion in budgetary support from the multilateral…
The Bureau of Customs (BOC) has returned to South Korea some 2,676 metric tons (MT) of waste materials that were stored at the PHIVIDEC Industrial Authority premises in Misamis Oriental…
The Department of Finance (DOF) is currently recruiting highly-competent and committed individuals who are willing to support President Duterte's economic team in crafting a bounce-back plan for the domestic economy…
The Department of Finance (DOF) has issued Revenue Regulations (RR) No. 10-2020 further extending filing deadlines to submit or file necessary documents and/or pay taxes required under the Tax Code…
With most economic activities in Luzon grinding to a halt in the latter part of March as a result of the enhanced community quarantine (ECQ), actual collections by the Bureaus…
Finance Secretary Carlos Dominguez III has said at around 85 out 0f 100 Filipino families are covered by the government’s subsidy programs amounting to P256 billion for the country’s most…
The Department of Finance (DOF) has issued Revenue Regulations (RR) No. 9-2020 on the tax benefits of donations made for the purpose of battling COVID-19 pursuant to Republic Act (RA)…
