DOF tells Malacañang most MSMEs support corporate tax reform

Majority of micro, small and medium enterprises (MSMEs) in the country are supportive of the Tax Reform for Attracting Better and High-Quality Opportunities or TRABAHO bill currently pending in the…

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TRAIN boosts Filipino consumers’ spending power, says Dominguez

Finance Secretary Carlos Dominguez III said the double-digit growth in sales and high profit margins of the premier retail and real estate companies in the Philippines best illustrate that the…

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YEARENDER DOF ensures funding for ‘Build, Build, Build’ projects

The Department of Finance (DOF) sealed concessional funding support in 2018 for big-ticket projects under the Duterte administration’s Build, Build, Build” (BBB) program, including its most ambitious and biggest single…

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DOF to BIR: Check excise tax payments of beverage makers

The Department of Finance (DOF) has directed the Bureau of Internal Revenue (BIR) to determine whether beverage manufacturers are paying the correct amount and type of tax as mandated under…

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PRRD econ team takes decisive steps vs inflation in 2018

President Duterte's economic team undertook prompt and decisive measures to rein in inflation in 2018, resulting in a marked slowdown that experts say could lead to the domestic economy picking…

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FEF backs property valuation reforms

The Foundation for Economic Freedom has given its full support to the proposed reforms in the property valuation system under the Duterte administration's comprehensive tax reform program (CTRP) as these…

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Over 1,000 entrepreneurs take part in ‘Sulong’ regional forums

More than 1,000 entrepreneurs, mostly representing small and medium enterprises (SMEs), were consulted by the government on how the government can sustain the economy’s high growth and make it more…

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Corporate tax reform to create 1.4 M jobs over the next 10 years

The Duterte administration’s tax reform package that aims to lower the corporate income tax (CIT) and overhaul the country's "convoluted" fiscal incentives system is projected to generate some 1.4 million…

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