The Philippines and the Hong Kong Special Administrative Region (HKSAR) have successfully completed the first round of negotiations for a tax treaty that will pave the way for stronger economic…

The Department of Finance (DOF) has expressed the Philippines’ commitment to implement a framework on crypto-assets in order to combat cross-border tax evasion and illicit financial flows. This is in…

Finance Secretary Ralph G. Recto has lauded the Bases Conversion and Development Authority (BCDA) for remitting PHP 5.17 billion to the National Treasury and expanding more economic opportunities for Filipinos.…

Finance Secretary Ralph G. Recto has ordered the Bureau of Internal Revenue (BIR) to swiftly implement the value-added tax (VAT) exemption on the expanded list of medicines for cancer, diabetes,…

The Congressional bicameral conference committee has recently ratified the Department of Finance’s (DOF) proposed rationalization of the country’s mining fiscal regime, which will create a fair and equitable mining environment…

Finance Secretary and Public Financial Management (PFM) Committee Principal Ralph G. Recto has welcomed the results of the latest expenditure and financial management assessment, stressing the government’s cardinal duty to…

The Department of Finance (DOF) and the Bureau of Internal Revenue (BIR) recently led a comprehensive walkthrough of the national government’s tax administration systems to support the Bangsamoro Autonomous Region…

Finance Secretary Ralph G. Recto has reinforced the Bureau of Customs’ (BOC) protocols on balikbayan boxes through a Joint Administrative Order (JAO) that aims to guarantee the safe and timely…