The Department of Finance (DOF) remains optimistic that the economy will grow faster in the year’s second half on the back of larger investment inflows and exports, higher infrastructure expenditures, and an improved revenue effort which posted a first-semester performance in 2018 that is the highest ever in the country’s tax history.
Read MoreFinance Secretary Carlos Dominguez III has directed the Bureaus of Internal Revenue (BIR) and of Customs (BOC) to dig deeper into the apparent smuggling into the country of machines used to manufacture counterfeit cigarettes.
Read MoreThe Philippine Tax Academy (PTA) has secured the accreditation of the Professional Regulation Commission (PRC) as a professional development program provider, according to the Department of Finance (DOF).
Read MoreFinance Secretary Carlos Dominguez III has maintained that the draft federal Constitution contains ambiguous provisions on the allocation of expenditures for the would-be federated government and its federated regions, which underscore the urgency of opening more discussions on this proposed document crafted by the Consultative Committee (Con-Com) tasked to review the 1987 Constitution.
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