Implements the adjustment of rates on Excise Tax on Automobiles pursuant to the provisions of RA 10963 (TRAIN Law), amending for the purpose Revenue Regulations No. 25-2003 (Published in Manila Bulletin on January 18, 2018)
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The Department of Finance (DOF) is the government’s steward of sound fiscal policy. It formulates revenue policies that will ensure funding of critical government programs that promote welfare among our people and accelerate economic growth and stability. Read More..