Finance Secretary Carlos Dominguez III has directed the Bureau of Internal Revenue (BIR) to make the process of paying taxes more convenient as he lauded the agency for pursuing reforms that have improved its revenue collections by almost 12 percent thus far this year.
Read MoreThe Department of Finance (DOF) is harnessing the power of digital technology to implement three major initiatives in improving the ease of doing business in the country.
Read MoreA combination of tough bureaucratic and economic reforms, a long-due tax system overhaul and an unprecedented infrastructure buildup is guaranteed to enhance the country’s image as an investment haven at a time when advanced industrial economies are adjusting to their aging populations, according to Finance Secretary Carlos Dominguez III.
Read MorePresident Rodrigo Roa Duterte signed into law Republic Act No. 10963, otherwise known as the Tax Reform for Acceleration and Inclusion (TRAIN) Act, the first package of the Comprehensive Tax Reform Program (CTRP, on December 19, 2017 in Malacanang.
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