Dominguez proposes 5 priority measures to restart economy

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…

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P3.316-B seized Mighty cigarettes destroyed in Bulacan

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.

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Dominguez lauds outcome of 2nd Sulong workshop

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…

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Dominguez cites biz community support for tax reform

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.

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Dominguez: BIR, BOC pursuing reforms to plug tax leakages, increase revenues

The Bureaus of Internal Revenue (BIR) and of Customs (BOC) are currently pursuing reforms in tax administration, including the use of an Internal Revenue Stamps Integrated System (IRSIS) for both cigarettes and alcohol products, to plug leakages and increase revenue collections, according to the Department of Finance (DOF).

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Dominguez urges youth to effect change via public service

Finance Secretary Carlos Dominguez III has called on socially responsible young Filipinos to pay forward the opportunities given to them by joining the government service, where they can become “enablers of meaningful change” and play a key role in revolutionizing the country’s institutions of governance.

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DBP board elects Borromeo as bank president-CEO

The board of directors of the Development Bank of the Philippines (DBP) electedWednesday (Jan. 4) former Land Bank of the Philippines (LandBank) officer-in-charge (OIC) Cecilia Borromeo as its president and…

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Buco sworn in as new Customs deputy commissioner

Finance Secretary Carlos Dominguez III recently swore into office lawyer Edward James Dy Buco as Deputy Commissioner of the Bureau of Customs, replacing Peter Manzano. Buco was private lawyer prior…

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