The Department of Finance (DOF) has assured the public that the purchase and importation of books will remain tax exempt under the second tax reform package of the Duterte administration.…
The first two packages of the Duterte administration’s comprehensive tax reform program (CTRP) are among the best ever crafted as these measures would help redistribute wealth among Filipinos, sharpen the…
The Department of Finance (DOF) has thanked the House of Representatives for approving on third and final reading the bill seeking to lower the corporate income tax (CIT) and correct…
Members of the Duterte administration’s economic and "Build, Build, Build" teams led by Finance Secretary Carlos Dominguez III are set to update economists and members of the regional financial community…
The Social Security System (SSS) and other government agencies have expressed their support for the proposed reforms in the corporate tax system, given that such proposals, which include lowering the…
Ben Kritz hits government for being “completely adrift when it comes to economic policy and management” and his reason is that “the estimated second quarter GDP growth xxx figure is…
Finance Secretary Carlos Dominguez III said the Philippines continues to be among the best performing economies in Asia on the strength of higher foreign direct investment (FDI) inflows and rising…
The remarkable increase in foreign direct investments (FDIs) entering the country in the last 17 months best illustrates that investors are now flocking to the Philippines because of its exciting…
The robust retail sales in malls, fast food restaurants and other dining places point to higher consumer demand as the Tax Reform for Acceleration and Inclusion (TRAIN) Act has indeed…
Finance Secretary Carlos Dominguez III said pending legislative proposals to reform the country’s outdated real property valuation system will bring in more investments, further invigorate the property market, and generate…
