BIR has key role in PHL economic ‘breakout’–Dominguez

Finance Secretary Carlos Dominguez III has cited the central role that the Bureau of Internal Revenue (BIR) will play in realizing the Philippines “economic breakout” as he underscored the importance…

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BPO leader backs tax reform

A leader from the business process outsourcing (BPO) sector has sought speedy congressional approval of the first package of Comprehensive Tax Reform Program (CTRP), which he described as a "win-win"…

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PRRD certifies tax reform bill as urgent

Following a request from the Department of Finance (DOF), President Duterte certified on Monday as an urgent measure for congressional approval the eight-month-old Tax Reform for Acceleration and Inclusion Act…

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May inflation seen slowing on lower food prices—DOF

The increase in consumer prices would likely move at a much slower pace this month as food costs, particularly of vegetables tapered off, the Department of Finance (DOF) said. Based…

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DOF assures DOH of raising more funds by Q1 for healthcare

The Department of Finance (DOF) has assured health officials that it will double its efforts in raising enough revenues to enable the government to build more hospitals and provide quality,…

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Kuwait seeks DOF help on expanding PHL investments

Kuwait has sought the assistance of the Department of Finance (DOF) in establishing a business chamber here as part of its efforts to expand trade and investments in the Philippines.…

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VAT exemptions for cooperatives unfair to 100 million taxpayers

Retaining the value-added tax exemptions for all cooperatives that already enjoy almost all types of tax-free privileges--including the 750 prosperous ones that earned a whopping P34 billion combined in 2015…

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