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

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

    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 hikes in mass-market vehicles would be readily absorbed by buyers who will, in effect, increase their take-home pay by way …Read More »
  • ADB backs DOF’s ‘progressive’ excise tax reforms

    ADB backs DOF’s ‘progressive’ excise tax reforms

    The Asian Development Bank (ADB) has expressed its support for the proposed reforms in the excise taxes of automobiles and petroleum products being pushed by the Department of Finance (DOF) as these are highly “progressive tax measures” that would help support President Duterte’s 10-point socioeconomic agenda. In his recent meeting …Read More »
  • Ex-PM Virata impressed with wide support by ex-finance officials for DOF tax reforms

    Ex-PM Virata impressed with wide support by ex-finance officials for DOF tax reforms

    Former Prime Minister and Finance Secretary Cesar Virata is impressed with the vast support from former top officials of the Department of Finance (DOF) and the National Economic and Development Authority (NEDA) garnered for the Duterte administration’s proposed Comprehensive Tax Reform Program (CTRP). Finance Secretary Carlos Dominguez III said Virata …Read More »
  • Tax reform to create buffer vs global protectionism wave

    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 buffer that will shield the domestic economy from the surge of protectionism sweeping across the globe. Speaking at the resumption …Read More »
  • Gokongwei backs DOF tax reform plan

    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 to ensure better compliance with the country’s tax laws. Gokongwei, who heads one of the largest conglomerates in the country, …Read More »