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In May 1921, by virtue of Act No. 299, the Real Estate, License and Cash Divisions were abolished and their functions were transferred to the City of Manila. As a result of this transfer, the Bureau was left with five divisions, namely: 1) Administrative, 2) Law, 3) Accounting, 4) Income Tax and 5) Inspection.
On the other hand, self-employed individuals and professionals are taxed based on the income tax schedule for individuals, applicable percentage taxes, and value-added tax (VAT). However, if their gross sales (or gross receipts plus other non-operating income) does not exceed the VAT threshold, they have the option to be taxed either on the ...
The Department of Finance (DOF; Filipino: Kagawaran ng Pananalapi) is the executive department of the Philippine government responsible for the formulation, institutionalization and administration of fiscal policies, management of the financial resources of the government, supervision of the revenue operations of all local government units, the review, approval and management of all public ...
According to the Administrative Code of 1987, the following are the powers and functions of a secretary: [1] Advise the president in issuing executive orders, regulations, proclamations and other issuances, the promulgation of which is expressly vested by law in the president relative to matters under the jurisdiction of the department;
Head Title Titleholder Portrait National Economic and Development Authority: Pambansang Pangasiwaan sa Kabuhayan at Pagpapaunlad: December 23, 1935; 89 years ago () Secretary of the National Economic and Development Authority: Arsenio Balisacan
February 14, 2005 – February 5, 2007 Manuel M. Bonoan (OIC) February 5, 2007 – July 3, 2007 Hermogenes Ebdane Jr. July 3, 2007 – October 26, 2009 Victor A. Domingo (Acting) October 26, 2009 – July 5, 2010 Secretary of Science and Technology: Rogelio A. Panlasigui (Acting) January 2, 2001 – March 11, 2001 Estrella Alabastro
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Congress enacted the Local Government Code of the Philippines in 1991 to "provide for a more responsive and accountable local government structure instituted through a system of decentralization with effective mechanisms of recall, initiative, and referendum, allocate among the different local government units their powers, responsibilities ...