Tag: DOF
GOCCs remit P76B to govt mid-May: Full-yr 2025 GOCC remittances to surpass 2024 record P138.456B — DOF
Government-owned or -controlled corporations (GOCCs) have remitted to the national government more than P76 billion in dividends from their earnings as of May 15,...
Passive income tax to rake in P300B over 5 yrs – DOF
Modified version to prevent revenue loss
THE Department of Finance (DOF) expects to generate P300 billion in added revenues over the next five years once...
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...
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)...
Infra, food security prioritized in ’25 budget
President Marcos Jr. has committed to fund priority projects of the administration in 2025 especially those involving infrastructure development and food security, Planning Secretary...
