Posts Tagged DOF

DOF orders BIR to hasten audit to weed out tax abusive cooperatives

Robie de Guzman   •   October 14, 2019

MANILA, Philippines – Department of Finance (DOF) Secretary Carlos Dominguez has ordered the Bureau of Internal Revenue (BIR) to hasten its ongoing audit of almost 30,000 registered cooperatives to weed...

DOF coordinates with other gov’t agencies for full TradeNet rollout

Aileen Cerrudo   •   October 7, 2019

The Department of Finance (DOF) is coordinating with the Department of Information Communications Technology (DICT) and the Department of Agriculture (DA) for the full TradeNet rollout. TradeNet.gov.ph  will simplify import...

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...

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....

DOF: Professionals exempted from paying business permit fees

Robie de Guzman   •   July 2, 2019

MANILA, Philippines – The Department of Finance (DOF) on Tuesday said that while professionals are mandated to secure business permits for their offices or clinics, they are exempted from paying...

PISTON belittles govt’s P80K subsidy for PUV modernization

UNTV News   •   July 4, 2017

MANILA, Philippines — “Baka hindi nagco-compute ng tama ang gobyerno. Sa Metro Manila lang we have around 65,000 units; so yun ay 65,000 drivers. So ang bibigyan mo ng P80,000...

Sugar tax on beverages seen to reduce cases of obesity and diabetes in the country

UNTV News   •   June 16, 2017

MANILA, Philippines — About 40 to 47 billion pesos is expected to be added to the National Treasury if the proposed tax on sugar-sweetened beverages will be passed as part...

PUV operators request number coding exemptions, low interest loans from tax reform package

UNTV News   •   May 19, 2017

MANILA — Several transport organizations call on the Duterte Administration and several lawmakers to save their sector from the possible negative impact of the passage of the Tax Reform Package...

Philippines will no longer accept financial assistance from the European Union

UNTV News   •   May 19, 2017

    MANILA — “The President has approved the recommendation on the Department of Finance not to accept grants but this does not necessarily mean humanitarian aids from the EU...

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