DOF thanks Congress for ratifying TRAIN

Finance Secretary Carlos Dominguez III has thanked the Congress for ratifying the Tax Reform for Acceleration and Inclusion Act (TRAIN) before the legislature takes its traditional yearend break this week,…

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NEDA exec says tax reform to create 500,000 jobs

An official of the National Economic and Development Authority (NEDA) said the Duterte administration’s Proposed Comprehensive Tax Reform Program (CTRP) will create about half a million jobs over the next…

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Foreign business leaders back TRAIN

Leaders of foreign business institutions and Cabinet officials have reiterated their support for the Tax Reform for Acceleration and Inclusion Act (TRAIN) as a key factor in transforming the country…

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PNP backs tax reform bill

The Philippine National Police (PNP) has expressed its “ardent support” for the Tax Reform for Acceleration and Inclusion Act (TRAIN), notably its proposed hefty personal income tax (PIT) cuts for…

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Dominguez thanks Senate for passing its TRAIN version

Finance Secretary Carlos Dominguez III said the government is now one big step closer to reforming the country's tax system for the first time in over two decades--and providing a…

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DOF expects fuel marking system in place by 2nd semester 2018

The Department of Finance (DOF) expects the fuel marking and monitoring system mandated under the proposed tax reform law to be in place by the second half of 2018 as…

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Former DOF execs ask Senate to preserve TRAIN’s original revenue goal

Former high-ranking officials of the Department of Finance (DOF) have appealed to the Senate to preserve the revenue requirements under the Duterte administration’s Tax Reform for Acceleration and Inclusion Act…

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AmCham joins biz community support for tax reform

The American Chamber of Commerce of the Philippines (AmCham) has joined the long list of prominent organizations from various sectors that have expressed their support for the proposed Tax Reform…

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