Guidelines and Procedures on the Release of the Share of Local Government Units (LGUs) from the Gross Income Earned by all Businesses within the Cagayan Special Economic Zone
BLGF Memorandum Circular No. 022-12 • Bureau of Local Government Finance • Memorandum Circulars • Apr 16, 2012
Full text
April 16, 2012 BLGF MEMORANDUM CIRCULAR NO. 022-12 TO : All BLGF Officials and Employees, Regional Directors, Local Treasurers for Local Government Finance and Others Concerned SUBJECT : Guidelines and Procedures on the Release of the Share of Local Government Units (LGUs) from the Gross Income Earned by all Businesses within the Cagayan Special Economic Zone For the information and guidance of all concerned, attached is a copy of DBM and DOF Joint Circular No. 2012-1 dated March 8, 2012 from the Department of Budget and Management (DBM) regarding "Guidelines and Procedures on the Release of the Share of Local Government Units (LGUs) from the Gross Income Earned by all Businesses within the Cagayan Special Economic Zone". The Central and Regional Directors of this Bureau are hereby instructed to take note of the above and disseminate the contents to all Bureau Staff and concerned offices. Be guided accordingly. IaECcH (SGD.) SALVADOR M. DEL CASTILLO OIC-Executive Director ATTACHMENT Joint DBM-DOF Circular No. 2012-1 March 8, 2012
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