Kuwait seeks DOF help on expanding PHL investments

Kuwait has sought the assistance of the Department of Finance (DOF) in establishing a business chamber here as part of its efforts to expand trade and investments in the Philippines.…

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VAT exemptions for cooperatives unfair to 100 million taxpayers

Retaining the value-added tax exemptions for all cooperatives that already enjoy almost all types of tax-free privileges--including the 750 prosperous ones that earned a whopping P34 billion combined in 2015…

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ML declaration has no impact on PHL growth momentum

Finance Secretary Carlos Dominguez III said the country's growth momentum remains on track despite President Duterte's declaration of martial law in Mindanao on Tuesday night to quickly and decisively contain…

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Netizens back tax reform

Some 160 netizens have gone online to express their support for the speedy congressional approval of the proposed Tax Reform for Acceleration and Inclusion (TRAIN) bill that aims to lower…

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PH key fiscal indicators improve in Q1

The country’s key fiscal indictors improved in the first three months of the year as the rise in state tax collections continued to outpace growth, while the national government’s budget…

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SSC says CTRP to spur growth, create jobs

The Social Security Commission (SSC) has given its full backing to the Comprehensive Tax Reform Program (CTRP) package that the Department of Finance (DOF) wants the Congress to approve to…

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DOF study links infra, social investments to inclusive growth

Quicker economic growth sets the stage for wider fiscal space through greater investments in infrastructure, conditional cash transfer (CCT) and micro-lending programs, which, in turn, accelerate poverty reduction and spell…

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102 congressional reps back tax reform bill

The House of Representatives is set to start plenary deliberations on the first package of the Duterte administration’s Comprehensive Tax Reform Program (CTRP) that has been co-authored so far by…

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