A top World Bank official has lauded the Duterte administration for implementing a “proactive and forward-looking” comprehensive tax reform program (CTRP)
Finance Secretary Carlos Dominguez III has thanked the Senate and the House of Representatives for … Continue reading DOF thanks Congress for approving ‘sin’ tax reform bill
Provinces and cities are losing an estimated P30.5 billion in total foregone revenues as a … Continue reading LGUs losing P30.5-B revenues to outdated real property valuation
The Universal Health Care (UHC) Act will be downgraded from being a first-class law to … Continue reading Non-passage of new sin taxes to make UHC ‘a third-class’ law
Over 1,000 entrepreneurs take part in ‘Sulong’ regional forumsDate Posted: April 29, 2019
More than 1,000 entrepreneurs, mostly representing small and medium enterprises (SMEs), were consulted by the … Continue reading Over 1,000 entrepreneurs take part in ‘Sulong’ regional forums
DOF to urge Congress to pass higher tobacco tax rates to further discourage smoking, raise more healthcare fundsDate Posted: April 29, 2019
The Department of Finance (DOF) will “try its best” until the last minute to convince the Congress to impose new “sin” tax rates on tobacco products that will make cigarettes pricey enough to further discourage smoking, especially among teenagers.