The Department of Finance (DOF) has so far taken punitive action against 14 officials and employees under its supervision and introduced reforms in the electronic reporting system for treasurers of…
The government will never hit, much less surpass, its annual collection targets unless it indexes taxes to inflation and modernize fiscal incentives given to certain industries that account for over…
Finance Secretary Carlos Dominguez III has urged the congressional oversight committee on the Sin Tax Reform Act to start reviewing the revenue and health impact of the tax rates mandated…
The Duterte administration needs at least P8 trillion to close the infrastructure gap over the next six years, and it is the job of the Department of Finance (DOF) to…
The Department of Finance (DOF) has required treasurers of local government units to include in their quarterly and annual financial reports to the DOF all environment and natural resources revenues…
The Department of Finance (DOF) is pushing the implementation of its proposed restructuring of the excise tax on automobiles not only to partly ensure the financial sustainability of the government’s…
