The Philippine Deposit Insurance Corporation (PDIC), the Liquidator of the closed Unitrust Development Bank (Unitrust), announced that it will continue to release cash payments to the depositors and creditors of…
Purisima inks renegotiated deal during trip to Europe The Philippines and Germany recently signed a renegotiated version of the Double Taxation Agreement between the two countries, otherwise known as the…
As part of continuing efforts to reform the Bureau of Customs, Customs Commissioner Rozzano Rufino B. Biazon directed all personnel of the Bureau, regardless of rank, position, designation and current…
Purisima urges Italy to remove PH from its blacklist of tax havens The Government of the Philippines, through the Department of Finance and the Bureau of Internal Revenue, negotiated and…
BIR posts highest tax effort since 2000 As of September 2013, the National Government posted a Deficit-to-GDP ratio of 1.2%, way below the projected 2.0% for 2013. The budget deficit…
PhP 15 Million Smuggled Used Clothing Seized by BOC Customs Commissioner Ruffy Biazon today (July 12, 2013) led the inspection of four (4) forty-footer container vans of used clothing (“ukay-ukay”)…
All valid insured deposit claims will be paid The Monetary Board (MB) placed the Quezon Traders Rural Bank of Candelaria, Inc. under the receivership of the Philippine Deposit Insurance Corporation…
The Bureau of Internal Revenue (BIR) is reminding all taxpayers who elected to pay their income taxes for 2012 in two (2) equal installments that the deadline for the payment…
Following the signing of agreements to facilitate the Second Round of Debt Treatment under the U.S. Tropical Forest Conservation Act of 1998 (TFCA 2), the Philippine and U.S. Governments are…
The Philippine Deposit Insurance Corporation (PDIC) was able to raise P9.53 million from the successful sale of 20 properties during its public bidding conducted on November 25, 2013 held at…
