The Department of Finance (DOF) will spearhead the annual provincial roadshow of the Philippine Extractive Industries Transparency Initiative (PH-EITI) this month to inform mining stakeholders across the country about updates and developments in the Philippines’ continuing implementation of EITI’s global standards of transparency in the management of the country’s mineral resources.
Read MoreFinance Secretary Carlos Dominguez III has expressed shock and deep sadness over the death of Michael D. Marasigan, his communications consultant who was killed by two gunmen riding in tandem in San Juan City Thursday night.
Read MoreFinance Secretary Carlos Dominguez III commended Wednesday the Bureau of Internal Revenue (BIR) under the leadership of Commissioner Caesar Dulay for its “assiduous investigative work” and “decisive action” against cigarette manufacturer Mighty Corporation, which has led to the largest tax settlement made by a single entity in the country’s history.
Read MoreFinance Secretary Carlos Dominguez III has given new marching orders to the heads of the Bureaus of Internal Revenue (BIR) and of Customs (BOC) to work closer together in catching more “big fish” that are cheating the government of billions of pesos in taxes following the government’s successful campaign against cigarette manufacturer Mighty Corporation, which resulted in the biggest tax haul ever from a single entity in the country’s history.
Read MoreThe economic managers assured lawmakers Tuesday of the Duterte administration’s firm commitment to fiscal stability, which it aims to sustain through reforms in tax policy and administration, a manageable budget deficit and a prudent borrowing policy that favors domestic, peso-denominated sources.
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