Tax collections drop further amid Covid-19 pandemic

Tax collections drop further amid Covid-19 pandemic

Total collections of the Bureau of Internal Revenue (BIR) from January to mid-April this year dived further to P480.64 billion — P226.15 billion or 32 percent below what it collected for the same period last year — as a result of the quarantine measures in...
First-quarter revenue collection short of target by P156B

First-quarter revenue collection short of target by P156B

Covid-19 has shown its impact in the government revenue target as the Department of Finance (DOF) reported that its collections for the first quarter of the year fell short by P156 billion. In a statement, the DOF said that with most economic activities on a...
No holding of shipments of face masks – Customs Cebu

No holding of shipments of face masks – Customs Cebu

Port of Cebu The Bureau of Customs–Port of Cebu (BOC-Cebu) has denied a report sent to the 8888 Citizen’s Complaint Hotline that they are holding shipments of surgical masks at the seaport.  Jessica Luzano, head of the Entry Processing Unit (EPU) of BOC-Cebu, rejected...