The Department of Finance (DOF) said a consensus-building approach has enabled the Duterte administration to refine the tax reform package it has originally submitted to the Congress, taking into account…
The Duterte administration’s unmatched infrastructure buildup over the next five years will be funded by a combination of resources from its proposed comprehensive tax reform program (CTRP), foreign development aid…
Call center agents and other employees with a monthly income of P21,000 will be exempted from paying the personal income tax (PIT), generating savings of over P20,000 annually, under the…
Call center agents and other employees with a monthly income of P21,000 will be exempted from paying the personal income tax (PIT), generating savings of over P20,000 annually, under the…
Senate President Aquilino Pimentel Jr. himself has filed a counterpart measure to the Duterte administration’s pending tax reform bill in the House of Representatives as he underscored the importance of…
Phoenix Petroleum has announced plans to voluntarily pre-pay excise taxes due for its gasoline and petroleum-based product sales in 2017 to demonstrate its full support for the Comprehensive Tax Reform…
The Asian Development Bank (ADB) has expressed its support for the proposed reforms in the excise taxes of automobiles and petroleum products being pushed by the Department of Finance (DOF)…
With global oil prices down and expected by experts to remain low in the few years ahead, the government is losing an estimated P145 billion in potential annual revenues or…
DAVAO CITY - Philippine business leaders identified broad reforms ranging from comprehensive tax rate reductions to a national ID system as their most urgent concerns during the Sulong Pilipinas conference…
