A leader of an economic reform advocacy group said the retention of the value-added tax (VAT)-exemption privilege for all cooperatives under the Tax Reform for Acceleration and Inclusion Act (TRAIN)…
Some 6 million Filipinos earning P250,000 and below who comprise 83 percent of the base for individual taxpayers will no longer pay the personal income tax (PIT) under the proposed…
Three government-owned and controlled corporations (GOCCs) have remitted a total of P4.54 billion to the National Treasury, representing 50 percent of their respective cash dividends due to the national government…
The Philippines has earned several citations for best practices in the implementation of global standards on the management of mining resources during the recently concluded 37th board meeting of the…
Apart from being “meritorious” on its own as a tool for overhauling the country’s “outdated” tax system, the Comprehensive Agrarian Reform Program (CTRP) being proposed by the Department of Finance…
Alongside its major role in improving revenue collection to backstop the Duterte administration’s high--and inclusive--growth agenda, the Bureau of Customs (BOC) also needs to fully modernize its systems and processes…
Two tax research groups have thrown their support behind the common proposal of the Department of Finance (DOF) and the Congress to impose a flat 6 percent rate for donor’s…
The domestic automobile industry will continue to thrive and sustain its growth momentum amid the Duterte administration’s plan to make the excise tax system more progressive, by among others, replacing…
The Insurance Commission (IC) is "inclined to place” the capital "impaired" pre-need firm Provident Plans International Corp. under conservatorship to protect the interests of its 38,000 plan holders if no…
The Department of Finance (DOF) has confirmed that Jessie Javier Carlos was a former employee of the DOF who was dismissed from the service in April 2014 on orders of…
