PHL to benefit from Belt and Road Initiative

The Philippines stands to benefit from China’s One Belt, One Road (OBOR) Initiative, particularly in the revival of the maritime silk route, as it dovetails with the infrastructure buildup plan…

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LGU accountants, gov’t workers back tax reform

The country’s association of local government accountants and an umbrella group of over 400 public sector labor unions have joined the growing number of organizations that have expressed their full…

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DOF to hold tax reform awareness forum

The Department of Finance (DOF) will conduct a forum next month to heighten public awareness of, and support for, the Duterte administration’s proposed Tax Reform for Acceleration and Inclusion Act…

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BIR can collect extra P433-B from tax policy, administration reforms

The government can collect some P433 billion in additional revenues, representing 2.7 percent of the current Gross Domestic Product (GDP), by implementing reforms to fix inefficiencies and remove loopholes in…

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PHL infra buildup on track despite Marawi conflict

HONG KONG—Finance Secretary Carlos Dominguez III has assured the international business community that the Duterte administration’s high--and inclusive--growth program anchored on massive investments in infrastructure and human capital is on…

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Dominguez condemns killing of QC BIR official

Finance Secretary Carlos Dominguez III denounced Wednesday the killing of another Bureau of Internal Revenue (BIR) official as he sought the assistance of law enforcement and investigative agencies in finding…

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PHL, Mexico exploring free trade, currency pacts

Finance Secretary Carlos Dominguez III has raised the possibility of a free trade pact along with bilateral agreements on currency and taxation harmonization between the Philippines and Mexico, which is…

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Effects of revenue measures in tax reform ‘muted’

The effects of the revenue-enhancing provisions of the proposed Tax Reform for Acceleration and Inclusion Act (TRAIN) will be “muted” for ordinary Filipinos and will even provide for a family…

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Pro-health groups back tax reform bill

Two pro-health organizations have expressed their support for the proposed Tax Reform Acceleration and Inclusion Act (TRAIN), particularly the bill’s provisions on fuel tax adjustments that they said would help…

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