GOCC dividends reach all-time high of P48-B in 2018

Dividends remitted by government-owned or -controlled corporations (GOCCs) breached the P40-billion mark in 2018, the highest amount ever collected since the law requiring state firms to hand over 50 percent…

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DOF to BIR: Check excise tax payments of beverage makers

The Department of Finance (DOF) has directed the Bureau of Internal Revenue (BIR) to determine whether beverage manufacturers are paying the correct amount and type of tax as mandated under…

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