Tax Reform for Acceleration and Inclusion Act
Duterte nixes amnesty for tax cheats
20 February, 2019 at 12:00
There will be no lifting of bank secrecy for tax purposes and no general tax amnesty in April, the deadline for filing of income tax returns.
[OPINION] A top team
14 January, 2019 at 15:00
President Duterte is highly controversial; you either love him or hate him. The general public has given him a satisfaction rating of 74 percent in the latest SWS survey, one of the highest among Philippine presidents. This has to tell you something.
Clark traders study impact of proposed TRAIN...
14 June, 2018 at 11:16
The Clark Investors and Locators Association (Cila) has commissioned a study to determine the impact of the proposed second stage of the Tax Reform for Acceleration and Inclusion (TRAIN) Act.
Finance department moves to allay investor concerns...
19 March, 2018 at 18:30
The Department of Finance (DoF) has sought to assuage investor concerns about the loss of incentives under the second tax reform package that could make it even harder for the Philippines to compete with neighbors for foreign direct investments.
Fuel marking scheme implementation seen in 2019
8 March, 2018 at 10:00
Plans to implement a fuel marking scheme have been pushed back to next year, with the Department of Finance (DoF) yet to bid out supply contracts for the anti-smuggling measure.
FDIs top 2017 target as of November
14 February, 2018 at 13:00
Foreign Direct Investments (FDI) to the Philippines surged anew in November amid strong interest in debt instruments and equities, taking year-to-date inflows beyond the $8 billion expected by the Bangko Sentral ng Pilipinas (BSP).
Government wants more than just taxes from...
8 February, 2018 at 17:00
The government is now putting finishing touches to a road map that will promote fair revenue-sharing between the government and its mining contractors
Reforms needed to streamline tax incentive framework...
22 January, 2018 at 16:00
There is a need to streamline the current framework followed by investment promotion agencies (IPA) in granting tax incentives to corporations, according to Finance Undersecretary Karl Kendrick Chua.
Regional headquarters staff lose special tax rate...
18 January, 2018 at 08:00
The Department of Finance (DOF) said employees of regional operating headquarters (ROHQ) would no longer enjoy special tax rates on their gross income under the new tax reform law.
Gov’t readies 2nd tax reform package
11 December, 2017 at 17:00
The Department of Finance early next year will seek Congress’ speedy approval of a number of tax measures, including the second reform package that will cut corporate income taxes as well as review the sin tax regime.
‘Fixing tax system to hike PHL revenues...
19 June, 2017 at 15:30
The government can collect some P433 billion in additional revenues, equivalent to 2.7 percent of GDP, by implementing reforms in the Bureau of Internal Revenue’s (BIR) tax policy and administration, according to the Department of Finance (DOF).
