Planned LNG facility, Agus rehab to ensure stable power supply

Finance Secretary Carlos Dominguez III said the rehabilitation of the Agus-Pulangi hydroelectric power plants in Mindanao and the construction of a liquefied natural gas (LNG) facility to replace the Malampaya…

Comments Off on Planned LNG facility, Agus rehab to ensure stable power supply

2017 a year for DOF’s first major legislative win for Duterte

The Department of Finance (DOF) scored its first major ​legislative victory for the Duterte administration and the Filipino people in 2017 with the approval and signing into law of the…

Comments Off on 2017 a year for DOF’s first major legislative win for Duterte

Non-taxpayers to benefit from new tax reform law

Finance Secretary Carlos Dominguez III has made it clear that even non-taxpayers will benefit from the Tax Reform for Acceleration and Inclusion Act (TRAIN), the first package of the Duterte…

Comments Off on Non-taxpayers to benefit from new tax reform law

Dominguez to BIR: Make tax-paying more convenient

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…

Comments Off on Dominguez to BIR: Make tax-paying more convenient

Duterte orders DOF to ensure TRAIN’s effective implementation

President Duterte has instructed the Department of Finance (DOF) to ensure the effective implementation of the Tax Reform for Acceleration and Inclusion Act (TRAIN), and to immediately submit to Congress…

Comments Off on Duterte orders DOF to ensure TRAIN’s effective implementation

Tax Academy to tie up with SUCs, open VisMin campuses

The Department of Finance (DOF) will tie up with State Universities and Colleges (SUCs) such as the University of the Philippines (UP) and the University of Makati (UMak) in setting…

Comments Off on Tax Academy to tie up with SUCs, open VisMin campuses

DOF backs swift passage of laws widening MSME access to financial services

The Department of Finance (DOF) has committed to support the swift passage of, and create an enabling environment for, pending legislative measures that would allow the use of non-traditional collateral…

Comments Off on DOF backs swift passage of laws widening MSME access to financial services

GOCC oversight body to review staffing of proposed tax academy

The Governance Commission for Government-Owned or –Controlled Corporations (GCG) will review the organizational and staff structure of the proposed Philippine Tax Academy (PTA) that will serve as a training institution…

Comments Off on GOCC oversight body to review staffing of proposed tax academy