The government collects income taxes from large corporations and other private firms representing only 3.7 percent of the country’s Gross Domestic Product (GDP), or a collection rate of a low…
Finance Secretary Carlos Dominguez III has asserted that the Tax Reform for Acceleration and Inclusion Act (TRAIN) would be the first time the government had pushed a tax reform package…
Finance Secretary Carlos Dominguez III said the Department of Finance (DOF) will submit to the Congress this January the second package of the government’s Comprehensive Tax Reform Program (CTRP) after…
Global multilateral institutions and credit rating agencies see an even better year for the Philippines in 2018 on the back of a continuously strong economy fueled by an unprecedented infrastructure…
The Bureau of Internal Revenue (BIR) has assured the Department of Finance (DOF) that it will work double-time on streamlining processes for the documentary requirements of micro, small and medium-scale…
President Rodrigo Roa Duterte signed into law Republic Act No. 10963, otherwise known as the Tax Reform for Acceleration and Inclusion (TRAIN) Act, the first package of the Comprehensive Tax…
Finance Secretary Carlos Dominguez III has made it clear that even non-taxpayers will benefit from the Tax Reform for Acceleration and Inclusion Act (TRAIN), the first package of the Duterte…
President Duterte has instructed the Department of Finance (DOF) to ensure the effective implementation of the Tax Reform for Acceleration and Inclusion Act (TRAIN), and to immediately submit to Congress…
