More private sector groups support corporate tax reform

At least a half-dozen big business and civil society organizations have expressed their support for the proposed reforms in the corporate tax system and the modernization of investment incentives as…

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Dominguez seeks congressional OK of 2nd tax reform package

Finance Secretary Carlos Dominguez III has called on lawmakers to proceed with approving the Duterte administration’s proposed reforms on corporate taxation and the modernization of investment incentives as he allayed…

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Inflation manageable with TRAIN, says DOF chief economist

The moderate rise in inflation is only “temporary” and remains manageable under a robust economy even with the implementation of the Tax Reform for Acceleration and Inclusion (TRAIN) Law, which…

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Suspending TRAIN will derail infra, social protection programs—DOF

Finance Secretary Carlos Dominguez III has cautioned against calls to suspend the implementation of the Tax Reform for Acceleration and Inclusion (TRAIN) Law as such a move would derail the…

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DOF asserts legality of TRAIN Package 2

Finance Assistant Secretary Paola Alvarez has asserted the legality of Package 2 of the Tax Reform for Acceleration and Inclusion Act (TRAIN), claiming that there are no vested rights in…

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Dominguez cites adept fiscal management, TRAIN as DOF achievements

Secretary Carlos Dominguez III has cited the implementation of the first package of the Comprehensive Tax Reform Program (CTRP), which led to a dramatic increase in revenue collections, plus the…

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TRAIN Package 2 aims to boost pro-poor investments, create jobs

The second package of the Duterte Administration’s Tax Reform for Acceleration and Inclusion (TRAIN) seeks to lower the corporate income tax paid by some 95 percent of businesses, while at…

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Business leaders back corporate tax reform

The country’s business leaders have expressed their full support for the Duterte administration’s proposed reforms in corporate taxation and the grant of investment incentives, which they described as “a bold…

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