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LGUs raise issue on local business tax amnesty provision

The House Committee on Ways and Means is closer to approving the substitute bill of Package 1B of the Tax Reform for Acceleration and...

Which region has the highest proportion of First Class municipalities?

The Department of Finance classified the Philippines' provinces, cities, and municipalities according to their average annual income.

DBM chief warns of SC ruling’s fiscal risk

THE GOVERNMENT’S fiscal position may be at risk from the Supreme Court (SC) ruling that local governments’ share in state revenues includes all national government taxes, not just those collected by the Bureau of Internal Revenue (BIR), Budget Secretary Benjamin “Ben” E. Diokno said on Wednesday.

DoF says SC ruling on LGU revenue share not final

THE Finance department will await a final decision from the Supreme Court on local government units’ (LGUs) “just share” of national government revenue before it makes a decision on filing a motion for reconsideration.

BIR warns LGUs that their fundraising activities are not tax-exempt

THE BUREAU of Internal Revenue (BIR) warned local government units (LGUs) conducting commercial activities to pay the corresponding taxes. "There are many local government units...

LGU share of internal revenue allotment up by 7% — DBM

THE BUDGET department has fully released local government units' (LGUs) share in national government taxes as of mid-April. According to the Department of Budget and...

LGU officials in Zamboanga Sibugay surrender unlicensed firearms

Forty-five assorted high-powered firearms were voluntarily surrendered by local government officials in two towns of Zamboanga Sibugay province as part of their support to...

Lawmakers say closing Boracay for a year will do more harm...

Senators on Friday, March 16, expressed their dismay over the recommendation of the Department of Environment and Natural Resources (DENR), Department of Interior and...

QC government moves to streamline business registration

The local government of Quezon City has launched a program that would facilitate the registration of new businesses, in a bid to further the...

Binay calls for evaluation of LGUs in ‘island destinations’

Senator Maria Lourdes Nancy S. Binay on Thursday, March 8, wants an inventory of the country's tourism island destinations to check the local government...

Government debt at 36.4% of GDP

The country’s ratio of General Government (GG) Debt to the Gross Domestic Product (GDP) stood at 36.4% as of end-June 2017, slightly up from...

LGU capital spending falls to P18-B in H1

CAPITAL SPENDING by local governments was P18 billion in the first half, down 35%, according to preliminary data from the Bureau of Local Government...