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The Department of Labor and Employment (DOLE) was founded on December 8, 1933, by virtue of Act No. 4121 of the Philippine Legislature. It was renamed as the Ministry of Labor and Employment in 1978. The agency was reverted to its original name after the People Power Revolution in 1986. [4]
PADC – Philippine Aerospace Development Corporation; PAF – Philippine Air Force; PAGASA – Philippine Atmospheric, Geophysical and Astronomical Services Administration; PAGCOR – Philippine Amusement and Gaming Corporation; PAOCC – Presidential Anti-Organized Crime Commission [43] PC – Philippine Constabulary
The Bureau of Internal Revenue [2] (BIR; Filipino: Kawanihan ng Rentas Internas) is a revenue service for the Philippine government, which is responsible for collecting more than half of the total tax revenues of the government. It is an agency of the Department of Finance and it is led by a Commissioner.
Secretary of Justice, Labor and Welfare: Mariano A. Eraña (acting capacity) 1944–1945 Secretary of Agriculture and Commerce: Manuel Nieto: 1944–1945 Secretary to the President: Arturo Rotor: 1944–1945 Resident Commissioner of the Philippines to the United States Congress: Carlos P. Romulo: 1944–1945 Budget and Finance Commissioner ...
The secretary of labor and employment (Filipino: Kalihim ng Paggawa at Empleyo) is the head of the Department of Labor and Employment of the Philippine government and is a member of the president’s Cabinet. [1] The current secretary is Bienvenido Laguesma, who assumed office on June 30, 2022. [2] Facade, DOLE
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 ...
Interest income from a depository bank under the expanded foreign currency deposit system is taxed at the rate of 15%. [ 3 ] Income from long-term deposits and investments, when pre-terminated in less than three years after making such deposit or investment, is taxed at the rate of 20%; less than four years, 12%; and, less than five years, 5%.