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DOF to collect VAT from foreign DSPs

The Department of Finance (DOF) wants large foreign digital service providers (DSP) to remit to the Bureau of Internal Revenue (BIR) the value-added tax (VAT) in transactions that go through their platforms.

Finance Director Euvimil Nina R. Asuncion said the DOF supports House Bill (HB) No. 7425 ....

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Closed-circuit eyed as UAAP volleyball action begins May 5

The UAAP announced on Saturday, April 23 the return of women's volleyball tournament beginning May 5 after a two-year lull due to the Covid-19 pandemic.

UST Golden Tigresses in file photo (UAAP)
The development was bared in a joint press conference attended by UAAP executive director Atty. Rebo ....

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Prov'l gov't income down 40%

BY GILBERT P. BAYORAN The local revenues derived from the facilities managed by the provincial government of Negros Occidental reduced as much as 40 ....

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Makati City helps citizens and MSMEs join the Digital Age through ecommerce

For more than four (04) decades now, I call Makati City home and myself a proud Makatizen (that’s what citizens of the city are called). Many of my friends and colleagues residing outside of my hometown envy us Makatizens for how efficient and generous the local government unit (LGU) is to their con ....

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Funds for MSME loans during the pandemic fully utilized – DTI

The Small Business Corporation (SBCorp) said funds for lending to multi-sectoral micro, small, and medium enterprises (MSMEs) adversely affected by the COVID-19 pandemic have been fully utilized as of the end of 2021.

SBCORP LOGO
SBCorp, the government’s micro financing arm under the Department ....

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