Browsing Tag

Department of Finance

246 posts

Draft PH customs order hikes tax exemption for balikbayan boxes

A draft customs administrative order (CAO) governing the consolidated shipment of duty-…
  • November 1, 2016
  • 4 minute read

New PH Customs order raises de minimis threshold to P10K from P10

Goods imported into the Philippines with de minimis value of P10,000 and…
  • October 8, 2016
  • 3 minute read

Draft order on PH Customs post-clearance audit out

The preliminary version of the customs administrative order (CAO) enabling the Philippine…
  • October 6, 2016
  • 4 minute read

Draft order activating PH advance ruling system for I/E goods issued

The draft administrative order operationalizing provisions on advance rulings under the Philippine…
  • September 6, 2016
  • 3 minute read

BIR, BOC reforms to offset P174B revenue loss from tax cuts

The Philippine Department of Finance (DOF) plans to institute reforms at its…
  • August 30, 2016
  • 3 minute read

Weekly consults on Customs Modernization Act IRR starts Aug 25

Fourteen priority provisions under the Customs Modernization and Tariff Act (CMTA) have…
  • August 22, 2016
  • 2 minute read

BOC commissioner’s office takes over tax credit, refund applications

All tax credit or tax refund applications with the Philippine Bureau of…
  • August 11, 2016
  • 2 minute read

Anti-red tape team to bring transparency, better service to PH agencies

The Department of Finance (DOF) has created an Anti-Red Tape Team chaired…
  • July 23, 2016
  • 3 minute read

DOF recalls officials detailed to BOC

The Philippine Department of Finance (DOF) has recalled the detail of several…
  • July 11, 2016
  • 2 minute read

Incoming PH administration to finalize IRR for Customs Modernization and Tariff Act

Outgoing Philippine Finance Secretary Cesar Purisima has said the incoming administration will…
  • June 10, 2016
  • 2 minute read