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GOCCs must remit 25% more dividends to national government

THE Department of Finance (DOF) has increased the mandated dividend remittance rate of government-owned and -controlled corporations (GOCCs) to the national treasury to at least 75 percent of their net earnings from the minimum 50 percent to improve non-tax revenue collections. Finance Secretary Ralph G. Recto told reporters in a… ....

Bureau Of Customs , Department Of Finance , Development Authority , Philippine Ports Authority , Clark Development Corp , Gaming Corp Pagcor , Bureau Of Internal Revenue , Secretary Ralph , Republic Act , Dividend Law , Philippine Amusement , Gaming Corp , Clark Development , Bases Conversion , Department Circular , Special Provisions , Appropriations Act , Unprogrammed Appropriations , Internal Revenue , Finance Secretary Carlos Dominguez ,

BCDA remits P1.1 billion to government

BCDA remits P1.1 billion to government
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Joshua Bingcang , Development Authority , Bases Conversion , Republic Act , Dividend Law ,