Tax 101

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What is tax reform program

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What the tax reform will fund

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Impact on Economy

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Impact on The People

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Latest News

  • Phoenix Petroleum to pre-pay 2017 taxes in support of CTRP

    Phoenix Petroleum has announced plans to voluntarily pre-pay excise taxes due for its gasoline and petroleum-based product sales in 2017 to demonstrate its full support for the Comprehensive Tax Reform Program (CTRP) of the Duterte Administration. This is the first time any oil company has volunteered to pay its taxes …Read More »
  • Ex-President GMA urges Congress to pass tax reforms as one package

    The government’s experience in 2009 of a massive erosion in revenues as a result of the Congress’ failure the year before to approve a revenue-neutral package in its entirety underscores the necessity of passing the proposed Comprehensive Tax Reform Program (CTRP) of the Duterte administration in full or as one …Read More »
  • Clean Air Asia backs DOF tax reforms

    An international nongovernment organization advocating clean air initiatives is backing the Department of Finance (DOF)-proposed reforms in excise taxes on fuel and vehicles as an effective measure to raise additional revenues while curbing air pollution by reducing the “wasteful consumption” of fossil fuels. Clean Air Asia also lauded the Philippine …Read More »
  • ‘Ambitious’ CTRP wins support in Congress

    The senior vice chairperson of the House committees on ways and means, on appropriations and on economic affairs has given his full backing to the Duterte administration’s resolve to make the Comprehensive Tax Reform Program (CTRP) “ambitious” enough to transform the Philippines into an upper-middle income economy by 2022 and …Read More »
  • DOF welcomes House panel move to “approve in principle” tax reform package

    Finance Secretary Carlos Dominguez III has welcomed the move by the House committee on ways and means to “approve in principle” the first phase of the Duterte administration’s Comprehensive Tax Reform Package (CTRP). Dominguez said the decision of the committee to pass tax reforms as a package rather than on …Read More »