The Department of Labor and Employment (DOLE) supports the proposed reforms in corporate taxation and … Continue reading DOLE backs job-generating corporate and fiscal incentives reform bill
Foreign investors that are qualified and performing well have no reason to be worried over … Continue reading Eligible investors to continue enjoying incentives under TRABAHO bill
The Department of Finance (DOF) said that while the government recognizes the value of tax … Continue reading Gov’t seeks end to indiscriminate grant of costly fiscal incentives
The Department of Finance (DOF) has proposed improvements to the Tax Incentives Management and Transparency … Continue reading DOF wants public listing of favored firms receiving tax perks
The Department of Finance (DOF) remains optimistic that lawmakers will consider the long-term benefits of … Continue reading DOF hopeful Congress will consider long-term benefits of tax reform
The Department of Finance (DOF) has determined that for 2015 alone, the government gave away … Continue reading Favored firms got P86-B in income tax perks, but declared P142-B in dividends in 2015
Around 1.4 million jobs are expected to be created between 2021 and 2029 when the … Continue reading Corporate Income Tax Reform Bill to create 1.4-M jobs
The government is losing an estimated P43 billion a year in tax leakages to firms that possibly exploit the country’s convoluted corporate income tax (CIT) system and abuse transfer pricing schemes, according to the Department of Finance (DOF).