A significant portion of the higher April inflation rate could be attributed to higher domestic demand, given that people now have about P32 billion more to spend monthly as a…
The Tax Reform for Acceleration and Inclusion (TRAIN) Law allows the suspension of fuel excise tax increases but only under specific conditions, the Department of Finance (DOF) said as it…
A spike in rice prices because of alleged lack of supply, a weak peso, rising oil prices abroad, better tax compliance of local cigarettes, and growing consumer demand accounted for…
At least a half-dozen big business and civil society organizations have expressed their support for the proposed reforms in the corporate tax system and the modernization of investment incentives as…
Finance Secretary Carlos Dominguez III has called on lawmakers to proceed with approving the Duterte administration’s proposed reforms on corporate taxation and the modernization of investment incentives as he allayed…
Ten former secretaries and undersecretaries of the Department of Finance (DOF) have thrown their full support behind the Duterte administration’s second proposed tax reform package that aims to lower the…
The moderate rise in inflation is only “temporary” and remains manageable under a robust economy even with the implementation of the Tax Reform for Acceleration and Inclusion (TRAIN) Law, which…
The economy has started reaping the fruits of the Duterte administration's efforts to achieve high and inclusive growth through its reform initiatives such as the "Build, Build, Build" program and…
Finance Secretary Carlos Dominguez III has cautioned against calls to suspend the implementation of the Tax Reform for Acceleration and Inclusion (TRAIN) Law as such a move would derail the…
Finance Assistant Secretary Paola Alvarez has asserted the legality of Package 2 of the Tax Reform for Acceleration and Inclusion Act (TRAIN), claiming that there are no vested rights in…
