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losing an estimated P30.5 billion in total foregone revenues as a … Continue reading LGUs losing P30.5-B revenues to outdated real property valuation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
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DOF to urge Congress to pass higher tobacco tax rates to further discourage smoking, raise more healthcare funds
Date Posted: April 29, 2019The 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.
Economic managers propose 4 legislative ‘imperatives’ to ensure strong, sustainable, resilient PHL recovery
Date Posted: June 8, 2020President 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
Dominguez tells American investors PHL is back in business
Date Posted: November 13, 2020Gov’t bent on building better, post-COVID economy amid foreseen strong 2021 recovery from pandemic
Date Posted: October 20, 2020DOF thanks Congress for Bayanihan 2 passage, seeks support on remaining economic recovery bills
Date Posted: September 1, 2020DOF welcomes DOLE-commissioned study showing CREATE bill will generate jobs, lower poverty incidence
Date Posted: August 30, 2020DOF thanks Congress for Bayanihan 2 passage, seeks support on remaining economic recovery bills
Date Posted: September 1, 2020DOF welcomes DOLE-commissioned study showing CREATE bill will generate jobs, lower poverty incidence
Date Posted: August 30, 2020Economic managers propose 4 legislative ‘imperatives’ to ensure strong, sustainable, resilient PHL recovery
Date Posted: June 8, 2020Former gov’t execs, experts push Congress OK of CREATE bill
Date Posted: June 4, 2020PCCI head says CREATE to give PHL ‘fighting chance’ in attracting more investments
Date Posted: May 31, 2020Business groups urge Congress to pass CREATE bill next week
Date Posted: May 29, 2020Economic team asks business sector to help convince Congress to pass CREATE bill
Date Posted: May 28, 2020Dominguez: Building on strong economic fundamentals will let PHL recover next year from COVID-19 crisis
Date Posted: May 19, 2020Gov’t banks on fundamental reforms, recovery measures to revive economy
Date Posted: May 14, 2020Dominguez proposes 5 priority measures to restart economy
Date Posted: May 12, 2020Dominguez thanks Congress for preparing Government for COVID crisis with TRAIN, 2020 budget approval
Date Posted: May 4, 2020‘Sin’ tax collections almost double to P269.1-B in 2019
Date Posted: February 21, 2020DOF welcomes Senate version of CITIRA, thanks tax panel for keeping reform principles
Date Posted: February 19, 2020CITIRA draws on best tax incentive systems in other Asean economies
Date Posted: February 17, 2020Gov’t on track to reduce poverty rate to 14% or lower by 2022—Dominguez
Date Posted: February 16, 2020DOF says FIRB to promote good governance, enhance grant of tax incentives to firms
Date Posted: February 10, 2020E-cigarette manufacturer backs ‘sin’ tax reform
Date Posted: February 3, 2020Dominguez optimistic on passage of remaining CTRP packages this year
Date Posted: January 16, 2020CTRP packages gain headway in Congress, says DOF
Date Posted: January 15, 2020Filipinos start benefiting from Build, Build, Build
Date Posted: December 25, 2019PIFITA deepens PH capital markets
Date Posted: December 25, 2019Real property valuation reform ushers speedy infra developments
Date Posted: December 25, 2019SMEs welcome CITIRA
Date Posted: December 25, 2019Congress approves increased excise taxes on alcohol and e-cigarettes
Date Posted: December 25, 2019Philippines on track to eradicate extreme poverty by 2040
Date Posted: December 25, 2019TRAIN revenues exceed January-September estimates — DOF
Date Posted: December 22, 2019CITIRA: Leveling the playing field, creating opportunities for SMEs
Date Posted: December 15, 2019Closing the health care funding gap via sin taxes
Date Posted: December 15, 2019SMEs expected to boom with passing of CITIRA
Date Posted: December 15, 2019DOF welcomes House OK of Real Property Valuation Reform bill
Date Posted: December 3, 2019Dominguez: No turning back on PHL reform agenda for sustained rapid, inclusive growth
Date Posted: December 2, 2019WHO hails PHL as global “forerunner” in taxing ‘sin’ products to promote health
Date Posted: November 15, 2019DOF, BSP making joint push for lifting of bank secrecy in tax amnesty bill
Date Posted: October 9, 2019CITIRA to let PHL truly prioritize key industries, areas–DOF
Date Posted: October 7, 2019DOF maintains CITIRA to create 1.5 million jobs
Date Posted: September 30, 2019DOF unfazed in pushing for CITIRA despite PEZA fallacies
Date Posted: September 29, 2019DOF thanks Sen. Cayetano for sponsoring bill on higher ‘sin’ taxes for alcohol, e-cigarettes
Date Posted: September 27, 2019Former DOF secretaries, eminent economists join top legislators in seeking urgent passage of remaining tax reform packages
Date Posted: September 19, 2019Surge in FDI pledges proves investors not scared of CITIRA—DOF
Date Posted: September 11, 2019ASEAN members cite TRAIN’s sweetened beverage tax as successful policy—DOF
Date Posted: September 11, 2019Dominguez wants review of fiscal incentives once every two years–like MICC mining audits
Date Posted: September 5, 2019CTRP to ensure revenues for PHL economic modernization
Date Posted: August 29, 2019Econ managers seek closer partnership with Congress on PRRD priority bills
Date Posted: August 22, 2019Firms to get superior incentives, extra deductions under proposed corporate tax reform bill
Date Posted: August 21, 2019DOF debunks PEZA claim on its alleged P10-trillion contribution to economy
Date Posted: August 19, 2019Dominguez cites Salceda panel for swift approval of CITIRA bill
Date Posted: August 18, 2019DOF debunks Petron’s claim of income drop due to TRAIN
Date Posted: August 16, 2019Dominguez lauds 2nd reading approval of bill increasing taxes on alcohol, e-cigs
Date Posted: August 15, 2019PHL granted P1.12 trillion tax incentives to favored firms in 2015-2017
Date Posted: August 6, 2019Dominguez lauds BIR for helping President Duterte attain promise of real change for all Filipinos
Date Posted: August 1, 2019New tobacco tax reform law to ensure expanded healthcare for poor families
Date Posted: July 29, 2019Dominguez urges Congress to pass remaining CTRP bills, higher excise taxes on alcohol, e-cigarettes before year-end
Date Posted: July 23, 2019Business community backs tax program, other measures in Congress to attract FDIs
Date Posted: July 21, 2019MICC to conduct 2nd round of audit of mining firms in July
Date Posted: July 9, 2019Steps to develop human capital, attract FDIs top proposals in 2019’s 1st Sulong Pilipinas
Date Posted: July 7, 2019PRRD has kept 2016 promise of real change
Date Posted: July 1, 2019PIDS papers commit ‘sins of omission’ in ignoring TRAIN impact on infra, households
Date Posted: May 17, 2019Taxpayers reap P111.7-B cash windfall from hefty income tax cuts–DOF
Date Posted: May 9, 2019DOF to urge Congress to pass higher tobacco tax rates to further discourage smoking, raise more healthcare funds
Date Posted: April 29, 2019Over 1,000 entrepreneurs take part in ‘Sulong’ regional forums
Date Posted: April 29, 2019DOF to BIR: Check excise tax payments of beverage makers
Date Posted: April 12, 2019Over 100 medicine brands for treatment of diabetes, hypertension, high cholesterol now cheaper under TRAIN Law
Date Posted: January 13, 2019Corporate tax reform to create 1.4 M jobs over the next 10 years
Date Posted: December 28, 2018Corporate tax reform offers better, more attractive incentives–DOF
Date Posted: November 14, 2018Eligible investors to continue enjoying incentives under TRABAHO bill
Date Posted: November 1, 2018TRAIN’s P181-B revenues to help raise P3.2-T in 2019
Date Posted: July 31, 2018Senator says PHL starting to reap fruits of TRAIN, “Build, Build, Build”
Date Posted: May 13, 20187.4 million households to receive unconditional cash transfers in 1st quarter
Date Posted: February 23, 2018TRAIN to eventually rescue 21-M Filipinos from poverty
Date Posted: February 21, 2018TRAIN removes oppressive rates for delinquent tax payments
Date Posted: February 14, 2018DOF cites better collection of tobacco excise taxes with TRAIN
Date Posted: February 12, 2018DOF submits CTRP Package 2 to Congress
Date Posted: January 16, 2018DOF to submit CTRP’s Package 2 to Congress this month
Date Posted: January 8, 2018BIR assures DOF of streamlined documentary requirements for MSMEs
Date Posted: January 1, 2018THE TAX REFORM FOR ACCELERATION AND INCLUSION (TRAIN) ACT.
Date Posted: December 27, 2017TRAIN is Duterte admin’s “best Xmas and New Year’s gift” to Filipino people, says Dominguez
Date Posted: December 20, 2017Personal income tax rates in TRAIN aligned with ASEAN practices—NTRC
Date Posted: December 8, 2017PNP backs tax reform bill
Date Posted: December 4, 2017Non-taxpayers to also benefit from TRAIN
Date Posted: September 6, 2017PPSTA head backs TRAIN
Date Posted: August 29, 2017Miss Earth Philippines backs fuel tax hike
Date Posted: August 24, 2017The country’s governors, councilors support TRAIN
Date Posted: August 15, 2017First 250K income of compensation earners exempted from tax under TRAIN
Date Posted: August 7, 2017BPOs to continue high growth under tax reform
Date Posted: July 7, 2017DOF to hold tax reform awareness forum
Date Posted: June 18, 2017Tax Reform vital to ‘Golden Age” of PHL Infrastructure
Date Posted: June 7, 2017DOF thanks House for final OK of TRAIN bill
Date Posted: June 1, 2017Ex-President GMA urges Congress to pass tax reforms as one package
Date Posted: May 31, 2017Fuel marking to plug P27-B annual losses from oil smuggling, says DOF exec
Date Posted: May 28, 2017Removal of VAT exemption for property developers to still benefit low-income renters, house buyers
Date Posted: May 26, 2017SSC says CTRP to spur growth, create jobs
Date Posted: May 23, 2017Taxpayers earning P21,000 monthly and below to pay zero tax under revised CTRP Package One
Date Posted: April 23, 2017CTRP to ensure vibrant future for next generations of Filipinos
Date Posted: April 3, 2017Hotel owners group chief backs tax reforms
Date Posted: February 21, 2017ADB backs DOF’s ‘progressive’ excise tax reforms
Date Posted: February 20, 2017Senior citizen backs tax reform plan
Date Posted: February 10, 2017Improvements in BIR, BOC in place as part of tax reform measures
Date Posted: January 18, 2017Fuel tax adjustments to have minimal impact on poor, low-income groups — DOF
Date Posted: January 13, 2017- Comprehensive Tax Reform Program
- Tax Reform Package 1
- Tax Reform Package 1B
- Tax Reform Package 2
- Tax Reform Package 2+: Mining
- Tax Reform Package 2+: Sin taxes
- Tax Reform Package 3
- Tax Reform Package 4
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