President Rodrigo Roa Duterte signed into law Republic Act No. 10963, otherwise known as the … Continue reading THE TAX REFORM FOR ACCELERATION AND INCLUSION (TRAIN) ACT.
Finance Secretary Carlos Dominguez III has made it clear that even non-taxpayers will benefit from … Continue reading Non-taxpayers to benefit from new tax reform law
President Duterte’s signing into law of the landmark Tax Reform for Acceleration and Inclusion Act … Continue reading TRAIN is Duterte admin’s “best Xmas and New Year’s gift” to Filipino people, says Dominguez
President Duterte has instructed the Department of Finance (DOF) to ensure the effective implementation of … Continue reading Duterte orders DOF to ensure TRAIN’s effective implementation
Finance Secretary Carlos Dominguez III has thanked the Congress for ratifying the Tax Reform for … Continue reading DOF thanks Congress for ratifying TRAIN
An official of the National Economic and Development Authority (NEDA) said the Duterte administration’s Proposed Comprehensive Tax Reform Program (CTRP) will create about half a million jobs over the next half-decade and could lift up to 250,000 Filipinos out of poverty over the same period.
Economic managers propose 4 legislative ‘imperatives’ to ensure strong, sustainable, resilient PHL recoveryDate Posted: June 8, 2020
President Duterte’s economic managers are pushing four legislative “imperatives” that include revitalizing the agriculture sector … Continue reading Economic managers propose 4 legislative ‘imperatives’ to ensure strong, sustainable, resilient PHL recovery
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.