The ratio between the country’s economy and the net value of services and compensations paid by foreign enterprises to Filipinos rose in the first-quarter of the year, climbing up further the measurement ladder.
Read MoreThe Department of Finance (DOF) has committed to help fund the rehabilitation of Ormoc City, which was devastated by a magnitude 6.5 earthquake earlier this month.
Read MorePrices of widely-used goods and services likely dipped anew last month owing to stable food prices and lower electricity rates, the latest estimate of the Department of Finance (DOF) revealed today.
Read MoreThe Duterte administration will hold the follow-up to its trailblazing “Sulong Pilipinas” consultative workshop on August 8-9 in Manila to meet anew with leaders of the business sector and assess the progress made on their recommendations last year on how to fulfill and carry out the government’s high–and inclusive–growth agenda.
Read MoreFinance Secretary Carlos Dominguez III has issued an order dismissing from the service the municipal treasurer of the town of Burdeos in Quezon for committing acts of grave misconduct and dishonesty.
Read MoreThe Duterte administration will hold the follow-up to its trailblazing “Sulong Pilipinas” consultative workshop on August 8-9 in Manila to meet anew with leaders of the business sector and assess the progress made on their recommendations last year on how to fulfill and carry out the government’s high–and inclusive–growth agenda.
Read MoreFinance Secretary Carlos Dominguez III said President Duterte’s acceptance of Mighty Corporation’s offer to settle its civil tax liabilities provides the Bureaus of Customs (BOC) and of Internal Revenue (BIR) a strong impetus to run after other big fishes that continue to cheat the government of billions of pesos in taxes.
Read MoreFinance Secretary Carlos Dominguez III expressed the hope that the Senate will swiftly pass the proposed Tax Reform for Acceleration and Inclusion Act (TRAIN) at the onset of its second regular session after President Duterte himself renewed his call for the Congress to urgently approve this measure in his second State-of-the-Nation Address (SONA) last Monday .
Read MoreDAVAO CITY—The government’s full collection of Mighty Corporation’s civil settlement of its tax liabilities, which will amount to about P30 billion, will depend on how swiftly the Philippine Competition Commission (PCC) can approve the sale of the homegrown cigarette company’s assets to Japan Tobacco International (JTI), according to Finance Secretary Carlos Dominguez III.
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