Department of Finance (DOF) Secretary Carlos G. Dominguez of the Philippines and Yang Berhormat Dato Seri Setia Dr. Awang Haji Mohd Amin Liew bin Abdullah, the Minister at the Prime Minister’s Office and Minister of Finance and Economy II of Brunei Darussalam hold their copies of the double taxation agreement they signed on behalf of their respective governments this morning, July 16, 2021, in Brunei’s capital city of Bandar Seri Begawan. The Philippines-Brunei Agreement for the Avoidance of Double Taxation and the Prevention of Fiscal Evasion With Respect To Taxes on Income aims to further ease trade in goods and services, and enhance investment flows and economic activity between the countries. The agreement is also expected to create more jobs for Filipinos both in the Philippines and in Brunei.
READ the Republic Act No. 11534 or the Corporate Recovery and Tax Incentives for Enterprises (CREATE) Act in its entirety, with the President's line-item veto message: https://taxreform.dof.gov.ph/bills/.
Finance Secretary Carlos Dominguez has commended the men and women of the Bureau of Customs (BOC) for a job well done amid pandemic challenges during the agency's 119th anniversary celebration on Tuesday (Feb 9) in its main office in Manila.
Finance Secretary Carlos Dominguez, on behalf of the Philippine Government, and Japan International Cooperation Agency (JICA) Chief Representative Eigo Azukizawa, on behalf of the Government of Japan, signed the JPY 50 billion (P23.3 billion) Post-Disaster Stand-by Loan (PDSL) Phase 2 on Tuesday (September 15) at the Department of Finance (DOF) Building in Roxas Blvd. Manila.
The Department of Finance(DOF) is the government's steward of sound fiscal policy. It formulates revenue policies that will ensure funding of critical government programs that promote welfare among our people and accelerate economic growth and stability.Learn More