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Over 100 medicine brands for treatment of diabetes, hypertension, high cholesterol now cheaper under TRAIN Law

https://taxreform.dof.gov.ph/news_and_updates/over-100-medicine-brands-for-treatment-of-diabetes-hypertension-high-cholesterol-now-cheaper-under-train-law/ ▾

January 13, 2019 - The Food and Drug Administration (FDA) has submitted to the Department of Finance (DOF) a … Continue reading →

Dominguez thanks President Duterte, Congress for timely enactment of CREATE Law

https://taxreform.dof.gov.ph/news_and_updates/dominguez-thanks-president-duterte-congress-for-timely-enactment-of-create-law/ ▾

March 28, 2021 - Finance Secretary Carlos Dominguez III has lauded the timely enactment of the Corporate Recovery and … Continue reading →

TRAIN revenues exceed January-September estimates — DOF

https://taxreform.dof.gov.ph/news_and_updates/train-revenues-exceed-january-september-estimates-dof/ ▾

December 22, 2019 - Preliminary data from the Bureaus of Internal Revenue (BIR) and of Customs (BOC) show that … Continue reading →

ASEAN members cite TRAIN’s sweetened beverage tax as successful policy—DOF

https://taxreform.dof.gov.ph/news_and_updates/asean-members-cite-trains-sweetened-beverage-tax-as-successful-policy-dof/ ▾

September 11, 2019 - Fellow member-states of the Association of Southeast Asian Nations (ASEAN) have recognized the Philippines’ excise … Continue reading →

DOF debunks Petron’s claim of income drop due to TRAIN

https://taxreform.dof.gov.ph/news_and_updates/dof-debunks-petrons-claim-of-income-drop-due-to-train/ ▾

August 16, 2019 - In response to Petron Corp.’s claim that the increase in fuel excise taxes under the … Continue reading →

PIDS papers commit ‘sins of omission’ in ignoring TRAIN impact on infra, households

https://taxreform.dof.gov.ph/news_and_updates/pids-papers-commit-sins-of-omission-in-ignoring-train-impact-on-infra-households/ ▾

May 17, 2019 - Two papers released by the Philippine Institute for Development Studies (PIDS) on the preliminary effects … Continue reading →

TRAIN, rice tariffication are game-changers, says Dominguez

https://taxreform.dof.gov.ph/news_and_updates/train-rice-tariffication-are-game-changers-says-dominguez/ ▾

May 12, 2019 - The tax reform law that has returned some P111 billion back to the pockets of … Continue reading →

TRAIN boosts Filipino consumers’ spending power, says Dominguez

https://taxreform.dof.gov.ph/news_and_updates/train-boosts-filipino-consumers-spending-power-says-dominguez/ ▾

March 1, 2019 - Finance Secretary Carlos Dominguez III said the double-digit growth in sales and high-profit margins of … Continue reading →

Economist-lawmaker lauds first 2 tax reform packages

https://taxreform.dof.gov.ph/news_and_updates/economist-lawmaker-lauds-first-2-tax-reform-packages/ ▾

September 24, 2018 - The first two packages of the Duterte administration’s comprehensive tax reform program (CTRP) are among … Continue reading →

TRAIN’s P181-B revenues to help raise P3.2-T in 2019

https://taxreform.dof.gov.ph/news_and_updates/trains-p181-b-revenues-to-help-raise-p3-2-t-in-2019/ ▾

July 31, 2018 - The government aims to raise P3.2 trillion in revenues in 2019, including about P181.4 billion … Continue reading →

RELATED SEARCH ON NEWS & UPDATES

FIRB says WFH setup for incentivized IT-BPM enterprises was temporary measure at height of pandemic

https://taxreform.dof.gov.ph/news_and_updates/firb-says-wfh-setup-for-incentivized-it-bpm-enterprises-was-temporary-measure-at-height-of-pandemic/ ▾

Finance Assistant Secretary Juvy Danofrata has reiterated that the Fiscal Incentives Review Board (FIRB) had … Continue reading FIRB says WFH setup for incentivized IT-BPM enterprises was temporary measure at height of pandemic →

Duterte admin personal-income tax effort average of 2.4 pct highest since 1986

https://taxreform.dof.gov.ph/news_and_updates/duterte-admin-personal-income-tax-effort-average-of-2-4-pct-highest-since-1986/ ▾

Personal income tax (PIT) collections as a share of the Gross Domestic Product (GDP) is … Continue reading Duterte admin personal-income tax effort average of 2.4 pct highest since 1986 →

DOF hopeful on Congress OK of remaining tax reform packages

https://taxreform.dof.gov.ph/news_and_updates/dof-hopeful-on-congress-ok-of-remaining-tax-reform-packages/ ▾

The Department of Finance (DOF) remains optimistic that the Congress will pass in 2022 the … Continue reading DOF hopeful on Congress OK of remaining tax reform packages →

Department of Finance
Government department
www.dof.gov.ph

The Department envisions that the effective and efficient pursuit of the critical tasks under its wings revenue generation, resource mobilization, debt management and financial market development shall provide the solid foundation for a Philippine economy that is one of the most active and dynamic in the world.

Headquarters: DOF Building, Roxas Boulevard corner Pablo Ocampo Street, Manila
Founded: 17 March 1897
Tel: (+632) 525.0244

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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..

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