The Fiscal Incentives Review Board (FIRB) Secretariat has reported that the amount of budgetary support investment promotion agencies (IPAs) received from the national government in the last five years has…
A total of 958 municipal, city, and provincial treasurers and assistant treasurers have been appointed by Finance Secretary Carlos Dominguez III since 2016 in line with the Duterte administration’s goal…
The anti-corruption arm of the Department of Finance (DOF) has so far investigated a total of 468 employees based on various complaints and lifestyle checks during the past five years…
Reforms in the property valuation system that would let local government units (LGUs) collect the right amount of taxes by regularly updating the schedule of market values (SMV) in assessing…
The reconstituted Fiscal Incentives Review Board (FIRB) approved in 2021 the grant of tax incentives to five big-ticket projects with a combined investment capital of P119.5 billion, of which four…
The Philippine Trade Facilitation Committee (PTFC) Roadmap is an action plan containing the short- and medium-term activities of the Committee that would lead to the provision of a world-class international…
Finance Secretary Carlos Dominguez III has called on his fellow finance ministers and the central bank governors in the Association of Southeast Asian Nations (ASEAN) to explore new avenues for…
Under its Oplan Kandado program, the Bureau of Internal Revenue (BIR) shut down the operations of 523 establishments in 2021 for various tax code violations, which resulted in a revenue…
The Sulong Pilipinas consultative platform initiated since 2016 by President Duterte to get the inputs of the private sector on how to improve governance best represents the “inclusive, responsive” approach…
