The Duterte administration’s proposed Comprehensive Tax Reform Program (CTRP) is crucial to strengthening the Philippines’ weak infrastructure backbone that constrains economic inclusion and prevents the country from catching up with…
The proposed adjustments to the oil excise tax under the tax reform bill aim to stop subsidies on the fuel consumption of rich households and channel instead such would-be savings…
The Duterte administration needs to raise some P366 billion a year over the medium term, of which some P206.8 billion is expected to come from tax reform in the first…
Sweeping reforms at the Bureaus of Internal Revenue (BIR) and of Customs (BOC) are underway to improve taxpayer satisfaction, arrest official corruption and restore public trust in the government’s main…
The Philippines would be hard put in the years ahead to keep Gross Domestic Product (GDP) growth above 6 percent and maintain its status as one of Asia’s fastest-growing economies…
The Department of Finance (DOF) wants to assure public transport operators and drivers that the government proposal to adjust the diesel excise tax to P6 per liter will have "minimal…
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 Mindanao Business Council Inc. (MBCI) has given its full backing to the comprehensive tax reform program of the Duterte administration, describing it as “the starting point” to the attainment…
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…
The proposed comprehensive tax reform program will, if approved in toto, let the Duterte administration improve 44,000 kilometers of national and local roads; build 6,700 health centers and hire nearly…
