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Finance Secretary Carlos Dominguez III said pending legislative proposals to reform the country’s outdated real property valuation system will bring in more investments, further invigorate the property market, and generate…
Philippine and Chinese officials are set to meet in Beijing this week to continue discussions on ways to address the issues and challenges in the preparation and implementation of the…
Finance Secretary Carlos Dominguez III has said that record remittances from 54 government-owned and -controlled corporations (GOCCs) will go a long way in helping the Duterte administration hold down deficits…
Non-profit private schools and hospitals that perform well and adhere to high standards of service will continue to enjoy the current low income tax rate of 10 percent under the…
The Department of Finance (DOF) remains optimistic that the economy will grow faster in the year's second half on the back of larger investment inflows and exports, higher infrastructure expenditures,…
Finance Secretary Carlos Dominguez III has directed the Bureaus of Internal Revenue (BIR) and of Customs (BOC) to dig deeper into the apparent smuggling into the country of machines used…
The Philippine Tax Academy (PTA) has secured the accreditation of the Professional Regulation Commission (PRC) as a professional development program provider, according to the Department of Finance (DOF). DOF Undersecretary…
Finance Secretary Carlos Dominguez III has maintained that the draft federal Constitution contains ambiguous provisions on the allocation of expenditures for the would-be federated government and its federated regions, which…
