NGOs urge Congress to ‘swiftly’ pass tax reform bill

Over 200 representatives of nongovernment organizations and other civil society groups have called on the two chambers of the Congress to “swiftly pass” a proposed legislation covering the first package…

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Gov’t losing P91 B yearly from VAT exemptions

The Philippines’ antiquated tax code, which contains 59 lines of exemptions from the Value-Added Tax and 84 special VAT-related laws, have led to massive revenue leakages costing the government an…

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Gov’t to hold Luzonwide dialogue on tax reform tomorrow

The Departments of Budget and Management (DBM) and of Finance (DOF) will hold a Luzon-wide dialogue focusing on the social services aspect of the Comprehensive Tax Reform Program (CTRP) tomorrow…

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Qatar investment delegation to visit Manila in September

A delegation from the Qatar Investment Authority (QIA) is set to visit Manila possibly in September to scout for possible business deals here following the successful visit of President Duterte…

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Duterte admin to ensure fiscal prudence in infra buildup

Finance Secretary Carlos Dominguez III has assured the public that the Duterte administration will exercise fiscal prudence and responsibility to ensure that its unmatched public investments in infrastructure would create…

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Critics told to work on repeal of laws allowing mining in PHL

Finance Secretary Carlos Dominguez III said that those who have a beef with the country's laws that allow mining should do themselves a favor by working on having them repealed…

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Gov’t to hold Luzonwide dialogue on tax reform

The Departments of Finance (DOF) and of Budget and Management (DBM) will hold a Luzon-wide dialogue on the Comprehensive Tax Reform Program (CTRP) this Thursday (May 18) at the Philippine…

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Japan urged to back higher IDLP in ASEAN regional currency swap plan

Finance Secretary Carlos Dominguez III has asked Japan to back an Association of Southeast Asian Nations (ASEAN) proposal to raise the International Monetary Fund (IMF)'s de-linked portion (IDLP) for its…

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DOF welcomes final House committee approval of pro-poor tax reform bill

The Department of Finance (DOF) welcomed Monday the final approval by the House ways and means committee of the substitute bill containing the first package of the Duterte administration’s Comprehensive…

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Dominguez wants investment banks to fund hybrid PPPs

Finance Secretary Carlos Dominguez III said investments banks such as Nomura may explore opportunities in the Philippines’ planned P8.4 trillion infrastructure buildup by taking part in the country’s new “hybrid”…

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