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Duterte asks Congress to pass priority bills to spur economic recovery

Duterte asks Congress to pass priority bills to spur economic recovery
mb.com.ph - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mb.com.ph Daily Mail and Mail on Sunday newspapers.

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Prof Richard Bird

Prof Richard Bird
mb.com.ph - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mb.com.ph Daily Mail and Mail on Sunday newspapers.

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Gov t strengthens fuel marking program – Manila Bulletin

Screen Shot 2021-05-28 at 10.31.20 AM Finance Secretary Carlos G. Dominguez III said the signing of the memorandum of agreement on information exchange and reconciliation by the DOE with the Bureaus of Internal Revenue (BIR) and of Customs will further strengthen their fight against oil smuggling. Dominguez added that he also expects the accord will curb the misdeclaration of imported petroleum products, which will lead to increased revenue collections and ensure fair competition among oil companies. “Having gone through the ravages of a pandemic and funding our nation’s economic recovery, the government needs all the revenue it can muster,” said Dominguez in his pre-recorded message during the virtual signing ceremony.

Carlosg dominguezDepartment of energyTax reform programDepartment of financeInternal revenueTax reformComprehensive tax reformதுறை ஆஃப் ஆற்றல்வரி சீர்திருத்தம் ப்ரோக்ர்யாம்துறை ஆஃப் நிதிஉள் வருவாய்வரி சீர்திருத்தம்விரிவான வரி சீர்திருத்தம்

DOF: Capital markets to lead economic recovery

The reforms initiated by the government to deepen the local capital markets will ensure the economy to emerge stronger and more resilient in the aftermath of the prolonged pandemic, the Duterte administration’s chief economic manager said. Finance Secretary Carlos Dominguez III said the proposed

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Tax Guide on CREATE Law - BusinessWorld

BusinessWorld May 10, 2021 | 5:49 pm (2nd of 2 parts) While we applaud the government for another piece of tax legislation which will help small businesses bounce back, the approval came too close to the April 15 deadline. This resulted in some confusion and an appeal to extend the deadline for the filing of the Annual Income Tax Return (AITR). Although many taxpayers, especially tax practitioners, lobbied for an extension, the Bureau of Internal Revenue (BIR) was quick to resolve the issue and decided not to extend. Other than allowing taxpayers to file and pay anywhere even outside the jurisdiction of the Revenue District Office (RDO) where they are registered, an AITR filed on or before the April 15 deadline may be amended not later than May 15. If the amended return will result in additional payment, no penalties shall be imposed as provided in RMC 46-2021 while any over-payment may be carried over as a tax credit in the succeeding period or may be refunded.

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