Tag page - dividend law

The Department of Finance (DOF) reported a substantial increase in dividends remitted by state-run companies last year, with over half of the total amount came from the Bangko Sentral ng Pilipinas (BSP). Data from the DOF showed that government-owned or -controlled corporations (GOCCs) sent a total...

The House Committee on Ways and Means has green-lit for plenary approval House Bill (HB) 8700, which exempts the Civil Aviation Authority of the Philippines (CAAP) from the Dividend Law or Republic Act (RA) 7656. Under the Dividend Law, all government-owned and controlled corporations (GOCC),...