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…
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…
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…
The Duterte administration’s ' Golden Age of Infrastructure " will not only sustain the Philippines’ growth momentum, but would also create more jobs and thereby lead to economic inclusion for…
The Bureau of Customs (BOC) has surpassed its target for May 2017 by 2.77 percent, collecting a total of P39.34 billion, which represents a 23.52 percent hike compared to the…
A leader of an economic reform advocacy group said the retention of the value-added tax (VAT)-exemption privilege for all cooperatives under the Tax Reform for Acceleration and Inclusion Act (TRAIN)…
Some 6 million Filipinos earning P250,000 and below who comprise 83 percent of the base for individual taxpayers will no longer pay the personal income tax (PIT) under the proposed…
Three government-owned and controlled corporations (GOCCs) have remitted a total of P4.54 billion to the National Treasury, representing 50 percent of their respective cash dividends due to the national government…
The Philippines has earned several citations for best practices in the implementation of global standards on the management of mining resources during the recently concluded 37th board meeting of the…
Apart from being “meritorious” on its own as a tool for overhauling the country’s “outdated” tax system, the Comprehensive Agrarian Reform Program (CTRP) being proposed by the Department of Finance…
