Tag: Department of Finance
VAT refund to make PH a shopping haven
President Marcos Jr. on Monday signed into a law a measure which the government hopes will position the Philippines as a top shopping destination...
European business optimistic; EU, PH identify priority areas
Members of the European Chamber of Commerce of the Philippines (ECCP) are optimistic about the prospects of their trade and investments in the Philippines,...
DOE, DOF exempt electric cooperatives from local taxes
The Department of Energy (DOE) and Department of Finance (DOF) issued a joint memorandum circular on December 4 that exempts all electric cooperatives (ECs)...
Senate urged to probe foregone tax revenues due to smuggling
SEN. Sherwin Gatchalian is seeking an investigation on the foregone tax revenues on products imposed with excise taxes due to smuggling and illegal trading.
In...
GDP forecasts revised
The economic team has revised the government’s growth forecasts over the medium-term to take into account the impact of anticipated structural reforms as well...
