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Read MoreThe Bureau of Internal Revenue (BIR) has reported to the Department of Finance (DOF) that it collected a total of P547.9 million in taxes fr0m January to September this year from 178 commercial establishments that were padlocked earlier for failing to either register or pay the correct amount of taxes.
Read MoreFinance Secretary Carlos Dominguez III said Tuesday he expects the Philippines’ strong fundamentals, fiscal stamina, and effective governance to continue to make the country a “promising” investment destination and growing market for Japanese investors.
Read MoreFinance Secretary Carlos Dominguez III has formally asked the Department of Trade and Industry (DTI) to return to the Bureau of the Treasury (BTr) the interest earnings of the Philippine International Trading Corp. (PITC) to help augment the government’s COVID-19 response and disaster relief efforts.
Read MoreFinance Secretary Carlos Dominguez III has thanked the Senate for making history with its approval on Thursday of the Corporate Recovery and Tax Incentives for Enterprises (CREATE) Act. Once signed into law, CREATE will finally put in place long-needed reforms in the country’s corporate tax and fiscal incentives system.
Read MoreFinance Secretary Carlos Dominguez III has directed the Bureau of Internal Revenue (BIR) and Bureau of Customs (BOC) to assist the Department of Agriculture (DA) in investigating the reported use of cooperatives by private traders as dummies for rice imports.
Read MoreFinance Secretary Carlos Dominguez III has said he “sees light at the end of the tunnel” concerning the congressional approval before the yearend of the long-overdue Corporate Recovery and Tax Incentives for Enterprises (CREATE) bill, which forms part of the government’s stimulus package for the country’s recovery from the economic turmoil created by the lingering coronavirus pandemic.
Read MoreSince receiving regular allocations under the national budget in 2015, the People’s Survival Fund (PSF) has received 172 project proposals from 129 proponents (local government units and local community organizations) all over the country, amounting to a total of P14.57 Billion worth of climate adaptation initiatives, according to a report from the Bureau of the Treasury (BTr).
Read MoreFinance Secretary Carlos Dominguez III has identified three sources for its planned P73.2 billion COVID-19 vaccine fund that will enable the government to inoculate 60 million Filipinos against the lethal coronavirus.
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