Rather than make an 11th-hour appeal to President Duterte to reconsider his own directive supporting corporate income tax (CIT) and fiscal incentives reform that will benefit more than 99 percent…
Finance Secretary Carlos Dominguez III has assured the public that despite the strong economic headwinds facing the country, it remains primed to regain its growth momentum on the back of…
Qualified enterprises can benefit from an improved set of investment incentives under the second package of the Duterte administration’s comprehensive tax reform program (CTRP) that may bring down their tax…
The Department of Labor and Employment (DOLE) supports the proposed reforms in corporate taxation and fiscal incentives under the second package of the Duterte administration’s comprehensive tax reform program (CTRP),…
Foreign investors that are qualified and performing well have no reason to be worried over a pending bill in the Congress that seeks to reform the country's convoluted corporate income…
The Philippines is strong enough to "weather the storms" looming over its economy, given that the Duterte administration has already taken aggressive measures to tame domestic inflation and sustain the…
The Department of Finance (DOF) said that while the government recognizes the value of tax incentives in business, such multibillion-peso worth of annual perks must not be given indiscriminately at…
The Department of Finance (DOF) has proposed improvements to the Tax Incentives Management and Transparency Act (TIMTA) to enable the government to make public the list of corporations that receive…
The Department of Finance (DOF) remains optimistic that lawmakers will consider the long-term benefits of the Duterte administration’s comprehensive tax reform program (CTRP) by giving their stamp of approval to…
The Department of Finance (DOF) thanked Monday both houses of the Congress for the passage of the first package of the Duterte administration’s comprehensive tax reform program (CTRP) that has…
