The Department of Finance (DOF), together with the Addis Tax Initiative (ATI), called for stronger inter-agency cooperation to reduce wasteful tax expenditures and boost trust in the tax system for more effective revenue mobilization.
The Development Budget Coordination Committee (DBCC) briefed the House of Representatives’ Committee on Appropriations, chaired by Representative Elizaldy Co, on February 28, 2023 to discuss the impact of high inflation on the country’s macroeconomic and fiscal outlook.
Finance Secretary Benjamin Diokno presented the Maharlika Investment Fund (MIF) as a tool for economic development to the business community during the Asia CEO Forum entitled “Maharlika Wealth Fund: Financing…
Finance Secretary Benjamin Diokno called on local public officials to strengthen their role in nation building during the 2023 League of Municipalities of the Philippines (LMP) General Assembly at the…
Finance Secretary Benjamin Diokno welcomed the approval of the Senate resolution concurring in the ratification of the Regional Comprehensive Economic Partnership (RCEP) agreement on February 21, 2023. “The ratification of…
https://www.facebook.com/DOFPH/videos/2590192301300123/ Finance Secretary Carlos Dominguez III has recommended accelerating the implementation of the “Build, Build, Build” program and scaling up food production and its logistics chain as part of the…
Finance Secretary Carlos Dominguez III leads today the destruction, via the co-processing method, of the first batch of some P3.316 billion-worth of Mighty and Marvel cigarettes bearing fake tax stamps that were confiscated in separate raids in March this year by joint teams from the Bureaus of Internal Revenue (BIR) and of Customs (BOC). The cigarettes were destroyed this morning at the Holcim Philippines Geocycle compound in Norzagaray, Bulacan.
Finance Secretary Carlos Dominguez III lauded Wednesday night the second Sulong Pilipinas workshop as a “rich ground” to mine new ideas and forge consensus behind the Duterte administration’s agenda of…
DAVAO CITY—The government’s full collection of Mighty Corporation’s civil settlement of its tax liabilities, which will amount to about P30 billion, will depend on how swiftly the Philippine Competition Commission…
Finance Secretary Carlos Dominguez III has cited the strong support of the American business community for the first package of the Comprehensive Tax Reform Program (CTRP), which, he said, was submitted by the Duterte administration to the Congress for its approval as a way to help the government maintain fiscal stability, fund its ambitious infrastructure program and expand the delivery of social services to the people.
