MB places Sarangani Rural Bank, Inc. under PDIC receivership

All valid insured deposit claims will be paid The Monetary Board (MB) placed the Sarangani Rural Bank, Inc. under the receivership of the Philippine Deposit Insurance Corporation (PDIC) by virtue…

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FINANCE SECRETARY PURISIMA IN LES ENTRETIENS DE ROYAUMONT

Department of Finance Secretary Cesar Purisima spoke before the prestigious Les Entretiens de Royaumont (The Royaumont Interviews) on 30 November 2013. This year, the theme of the event was “New…

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BIR Quezon City tells delinquent taxpayers to pay or face tax raps

QUEZON CITY – With growing concern on how to raise more revenues that will support the nation’s expenditures especially for the rehabilitation of calamity-stricken areas like Tacloban City and other…

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PDIC continues to pay depositors, creditors of Unitrust until October 7

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…

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Philippines Signs Amended Tax Treaty With Germany

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…

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BOC orders all personnel back to mother unit

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…

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PH-Italy sign amendments in Double Taxation Agreement

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…

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