Posts Tagged Department of Finance

BIR collects initial P356-M in tax liabilities from POGOs

Maris Federez   •   August 10, 2019

The Bureau of Internal Revenue (BIR) is expected to collect a total of P356 million as taxes from the Philippine Offshore Gaming Operators (POGOs) by the end of August, according...

Gov’t starts marking of tax-paid petroleum products

Robie de Guzman   •   August 2, 2019

MANILA, Philippines – The government, led by the Department of Finance and its attached agencies, Bureau of Internal Revenue (BIR) and the Bureau of Customs (BOC), on Friday started the...

DOF wants higher taxes on alcohol, e-cigarettes

Robie de Guzman   •   August 1, 2019

MANILA, Philippines – The Department of Finance (DOF) is calling on Congress to approve this year a measure that will impose higher taxes on alcohol products and electronic cigarettes (e-cigarette)...

Gov’t simulates fuel marking in Subic

Robie de Guzman   •   August 1, 2019

MANILA, Philippines – Government agencies recently held a simulation on fuel marking and testing process in Subic, Zambales, the Bureau of Customs (BOC) said. The BOC said in a statement...

DOF accepting comments on Personal Property Security Act draft IRR ‘til July 31

Robie de Guzman   •   July 30, 2019

MANILA, Philippines – Stakeholders are given until Wednesday (July 31) to submit their comments on the draft Implementing Rules and Regulations (IRR) of the Personal Property Security Act (PPSA), the...

Duterte to sign tobacco excise tax this week

Aileen Cerrudo   •   July 24, 2019

President Rodrigo Duterte will sign the proposed tobacco excise tax law this week according to the Department of Finance (DOF) on Wednesday (July 24). Finance Undersecretary Karl Chua said the...

Duterte directs DOTr to fast track construction of Malolos-Clark Railway Project

Marje Pelayo   •   July 12, 2019

MANILA, Philippines – President Rodrigo Duterte witnessed on Thursday (July 11) the official signing of the agreement between the Department of Finance (DOF) and the Asian Development Bank (ADB) for...

Customs’ tariff collection from imported rice now at P5.9B — DOF

Marje Pelayo   •   July 10, 2019

MANILA, Philippines – Since the implementation of the Rice Tariffication Law in February this year, about 1.43 million metric tons or around 28.6 million sacks of imported rice made their...

DOF, expected to earn P2-B monthly tax from POGO industry foreign workers

Maris Federez   •   July 6, 2019

The Department of Finance (DOF) has created an inter-agency task force with the Department of Labor and Employment (DOLE), Bureau of Internal Revenue (BIR), Bureau of Immigration (BI), and the...

GSIS names new OIC; revokes resolutions on proposed sale of property

Maris Federez   •   July 5, 2019

The governing board of state pension fund, Government Service Insurance System (GSIS), during its meeting on Thursday (July 4), has named Chairman Rolando L. Macasaet as its officer in charge....

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