Dividends rules for GOCCs to National Govt

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DOF: Dividends rules for GOCCs to National Govt

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Title Source: Supreme Court: Dividends rules for GOCCs to National Govt

Law: Dof

Decision Date: Jan 26, 2016

The Revised Implementing Rules and Regulations mandate that Government-Owned or -Controlled Corporations (GOCCs) must declare and remit at least 50% of their net earnings as dividends to the National Government annually, promoting fiscal discipline while ensuring the viability of these entities.

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