Auto tax reform won’t hurt car industry’s robust growth–Dominguez

Finance Secretary Carlos Dominguez III said the local automotive industry will continue its “healthy” growth rate even with the proposed adjustments in car excise taxes, given that the manageable price…

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DOF, BIR improve process for tax payments via credit cards

A new revenue regulation (RR) to be issued by the Department of Finance (DOF) and the Bureau of Internal Revenue (BIR) now makes banks, rather than the taxpayer, liable for…

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DOF expects inflation rate within government target

The Department of Finance (DOF) expects the rate of increase in consumer prices to inch up in the coming months but would remain within the government’s inflation target. Based on…

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Tax reform to create buffer vs global protectionism wave

Finance Secretary Carlos Dominguez III underscored Monday before lawmakers the urgency of passing early this year the Duterte administration’s proposed Comprehensive Tax Reform Program (CTRP) to help create a strong…

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Gokongwei backs DOF tax reform plan

Business tycoon Lance Gokongwei, the president of JG Summit Holdings Inc., has joined the growing support for the Duterte administration’s Comprehensive Tax Reform Program (CTRP) as well as its campaign…

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Expanding Large Taxpayers unit part of tax system overhaul

Finance Secretary Carlos Dominguez III said expanding the scope of the Large Taxpayers Service (LTS) of the Bureau of Internal Revenue (BIR) is a key component of the tax administration…

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Eco overdrive to create enough jobs for PHL ‘demographic sweet spot’

DAVAO CITY—With the Philippines "nearing its demographic sweet spot," the government needs to sustain its economic overdrive to create enough jobs for the ever-increasing ranks of young Filipinos joining the…

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Senior citizen backs tax reform plan

Aside from international institutions and acknowledged economic experts, the Department of Finance (DOF)-backed Comprehensive Tax Reform Program (CTRP) now pending in the Congress has also earned the support of private…

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Local, foreign biz groups urge Congress to pass CTRP, 11 other measures

Fifteen foreign and local business organizations have appealed to Malacanang and the Congress to give top priority to the Comprehensive Tax Reform Program (CTRP) and 11 other legislative proposals that…

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