Veteran solon declares DOF’s CTRP as “best-studied tax reform bill”

Raw data from the Philippine Statistics Authority (PSA) and the Bureau of Internal Revenue (BIR) showing that 27.9 percent of taxes that high-income earners should pay the government are uncollected…

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Various groups back DOF call for lower estate tax, one-time amnesty

Various groups back DOF call for lower estate tax, one-time amnesty The National Tax Research Center (NTRC) and several other groups have expressed their support for a legislative proposal granting…

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Auto tax reform won’t hurt car industry’s robust growth–Dominguez

Finance Secretary Carlos Dominguez III said the local automotive industry will continue its “healthy” growth rate even with the proposed adjustments in car excise taxes, given that the manageable price…

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DOF, BIR improve process for tax payments via credit cards

A new revenue regulation (RR) to be issued by the Department of Finance (DOF) and the Bureau of Internal Revenue (BIR) now makes banks, rather than the taxpayer, liable for…

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Tax reform to create buffer vs global protectionism wave

Finance Secretary Carlos Dominguez III underscored Monday before lawmakers the urgency of passing early this year the Duterte administration’s proposed Comprehensive Tax Reform Program (CTRP) to help create a strong…

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Gokongwei backs DOF tax reform plan

Business tycoon Lance Gokongwei, the president of JG Summit Holdings Inc., has joined the growing support for the Duterte administration’s Comprehensive Tax Reform Program (CTRP) as well as its campaign…

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Expanding Large Taxpayers unit part of tax system overhaul

Finance Secretary Carlos Dominguez III said expanding the scope of the Large Taxpayers Service (LTS) of the Bureau of Internal Revenue (BIR) is a key component of the tax administration…

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Senior citizen backs tax reform plan

Aside from international institutions and acknowledged economic experts, the Department of Finance (DOF)-backed Comprehensive Tax Reform Program (CTRP) now pending in the Congress has also earned the support of private…

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PRRD fully supportive of tax reform, says Dominguez

President Duterte has given his full backing to the Comprehensive Tax Reform Program (CTRP), which will play a pivotal role in his government’s ambitious agenda to dramatically reduce poverty, achieve…

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