Finance Secretary Carlos Dominguez III has sought the support of local manufacturers behind the Duterte administration’s Comprehensive Tax Reform Program (CTRP), which, he said, would be a potent tool to…
Two more health advocacy groups have joined the snowballing clamor to adjust the excise taxes on fuel under the proposed Tax Reform for Acceleration and Inclusion (TRAIN) Act to squarely…
Two of the country’s national organizations of local government executives have separately expressed their full support for the proposed Tax Reform for Acceleration and Inclusion Act (TRAIN) on the belief…
The first P250,000 in taxable income of compensation earners will be exempted from the personal income tax (PIT) under the proposed Tax Reform for Acceleration and Inclusion Act (TRAIN), with…
Finance Secretary Carlos Dominguez III expressed the hope that the Senate will swiftly pass the proposed Tax Reform for Acceleration and Inclusion Act (TRAIN) at the onset of its second…
The Insurance Commission (IC) is supporting the proposed Tax Reform for Acceleration and Inclusion Act (TRAIN) as this would make the system more financially inclusive and provide insurers the opportunity…
Contrary to claims that the proposed Tax Reform for Acceleration and Inclusion Act (TRAIN) will hurt the local automotive industry, the Department of Transportation (DOTr) said the bill will even…
An obesity and lifestyle medicine specialist has expressed support for the proposed tax on sugar-sweetened beverages (SSBs), saying this will help reverse the incidence of high mortality and low labor…
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).
Finance Secretary Carlos Dominguez III said the tax reform agenda being pushed by the Duterte administration seeks to end “decades of unjust taxation that polarized wealth rather than distributed it”…
