The Japan External Trade Organization (JETRO) has committed to further enhance trade and investment cooperation between Manila and Tokyo as it congratulated Philippine officials led by Finance Secretary Carlos Dominguez…
Finance Secretary Carlos Dominguez III leads today the destruction, via the co-processing method, of the first batch of some P3.316 billion-worth of Mighty and Marvel cigarettes bearing fake tax stamps that were confiscated in separate raids in March this year by joint teams from the Bureaus of Internal Revenue (BIR) and of Customs (BOC). The cigarettes were destroyed this morning at the Holcim Philippines Geocycle compound in Norzagaray, Bulacan.
The anti-corruption arm of the Department of Finance (DOF) is eyeing the filing of tax evasion charges on top of forfeiture cases against its officials and employees suspected of amassing…
Finance Secretary Carlos Dominguez III has directed the Bureau of Internal Revenue (BIR) to explore the possibility of amicably settling its pending and future tax disputes with government-owned and -…
An official of the National Economic and Development Authority (NEDA) said the Duterte administration’s Proposed Comprehensive Tax Reform Program (CTRP) will create about half a million jobs over the next…
The Association of Southeast Asian Nations (ASEAN) has noted “substantial progress” in the discussions on the regional taxation agreements among member countries of the 10-nation bloc, inching it closer to…
The lowering of personal income tax (PIT) rates under the proposed Tax Reform for Acceleration and Inclusion Act (TRAIN) are in sync with the practices of other countries in the…
The Revenue Integrity Protection Service (RIPS) of the Department of Finance (DOF) is targeting lifestyle checks on at least 70 more employees in the main office and its attached agencies…
Inflation remains at a comfortable level as its average of 3.13 percent in the first 10 months of 2017 is actually lower than the annual average of 3.16 percent for…
Leaders of foreign business institutions and Cabinet officials have reiterated their support for the Tax Reform for Acceleration and Inclusion Act (TRAIN) as a key factor in transforming the country…
