BIR assures DOF of streamlined documentary requirements for MSMEs

The Bureau of Internal Revenue (BIR) has assured the Department of Finance (DOF) that it will work double-time on streamlining processes for the documentary requirements of micro, small and medium-scale…

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Big logistics firms should help SMEs

Finance Secretary Carlos Dominguez III has cited the need for corporate giants in the logistics industry to help micro, small and medium enterprises (MSMEs) take advantage of the benefits of…

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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…

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DOF focusing on 3 initiatives to improve ease of doing business

The Department of Finance (DOF) is harnessing the power of digital technology to implement three major initiatives in improving the ease of doing business in the country. According to Dr.…

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Reforms, infra buildup to boost PHL image as investment haven

A combination of tough bureaucratic and economic reforms, a long-due tax system overhaul and an unprecedented infrastructure buildup is guaranteed to enhance the country's image as an investment haven at…

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THE TAX REFORM FOR ACCELERATION AND INCLUSION (TRAIN) ACT.

President Rodrigo Roa Duterte signed into law Republic Act No. 10963, otherwise known as the Tax Reform for Acceleration and Inclusion (TRAIN) Act, the first package of the Comprehensive Tax…

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BLGF urged to strengthen LGU fiscal autonomy

The Department of Finance (DOF) has challenged its bureau overseeing local treasury financing and revenue administration to continue developing innovative programs to strengthen the fiscal autonomy of local government units…

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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…

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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…

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