by ev3v4hn | Jun 25, 2020 | Business News
MANILA, Philippines — The Department of Finance (DOF) is looking into reports that some Philippine offshore gaming operators (Pogos) had reopened despite their unpaid taxes, Secretary Carlos Dominguez III said on Wednesday. Sen. Joel Villanueva earlier said only two POGOs had complied with the government required tax payments but many more were operating, citing hundreds […]
by ev3v4hn | Jun 19, 2020 | Business News
MANILA, Philippines — No thanks to a COVID-19-induced recession, tax collections dropped by almost a fourth year-on-year to P874.9 billion as of end-May, the Department of Finance (DOF) said Friday. In a statement, the DOF said the taxes collected by the bureaus of...
by ev3v4hn | Jun 16, 2020 | Business News
MANILA, Philippines — “It’s not only a requirement and an act of good citizenship, it also comes with benefits.” Finance Assistant Secretary Tony Lambino said this Tuesday as he urged online sellers to register their businesses with the Bureau of Internal Revenue...
by ev3v4hn | Jun 13, 2020 | Business News
The Department of Finance (DOF) did not buckle to calls not to force online sellers to register with the Bureau of Internal Revenue (BIR) and pay taxes while the country is battling the new coronavirus diseases (COVID-19) pandemic. An official of the DOF on Friday...
by ev3v4hn | Jun 8, 2020 | Business News
The transition to a less restrictive general community quarantine (GCQ) in many places was expected to narrow the unemployment rate of more than 17 percent posted last April, which broke a 15-year record, according to the country’s chief economist on Monday (June 8)....
