department of finance

department of finance

DOF hopes for TRAIN implementation by Jan. 1 2018

Business News Philippines
This week, exactly one year after the Department of Finance (DOF) formally submitted to Congress the first package of the Duterte administration’s Comprehensive Tax Reform Program (CTRP), the ...
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Customs seizes two oil tankers with P700-M smuggled fuel

News
December 21, 2016 — The Bureau of Customs (BOC) scored its first big break against oil smuggling under the Duterte administration with the seizure of two oil vessels carrying a ...
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Dominguez orders dismissal of Customs officer, 2 municipal treasurers

News
Finance Secretary Carlos Dominguez III has ordered the dismissal from service of a Bureau of Customs (BOC) officer and two municipal treasurers in line with the Department of Finance (DOF)’s drive to remove or ...
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New SEC commissioner sworn in by Sec. Dominguez

News
Finance Secretary Carlos Dominguez III swore in Wednesday afternoon lawyer Emilio Aquino as commissioner of the Securities and Exchange Commission (SEC), replacing Manuel Gaite whose term expired this ...
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Another P1-M reward put up, this time for info on BIR exec’s murder

News
November 21, 2016 — A P1-million cash  reward has been offered to anyone who can provide information leading to the arrest of the  persons behind the murder of ...
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Lifestyle check on BOC execs in the offing

Economy News
November 14, 2016 — Finance Secretary Carlos Dominguez III has ordered a lifestyle check on officials of the Bureau of Customs (BOC) as part of the Duterte administration’s ...
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Additional 3M low income Filipinos to be exempted from taxes in Duterte’s tax reform plan

Finance news
Economy
An additional 3 million taxpayers with taxable incomes of P250,000 and below would be included in the batch that would pay zero taxes. This one of the main ...
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Duterte tax reform to affect rich, funds to be used to help poor and middle class Filipinos

News
It is a “fallacy” to believe that the proposed expansion of the value-added tax (VAT) base and adjustments to the excise tax on petroleum products under the proposed ...
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‘Political noise’ fails to drown out Duterte’s accomplishments

Finance news
Economy News
Department of Finance (DOF) spokesperson Paola Alvarez today said the “undue political noise” has failed to drown out the accomplishments of President Rodrigo Duterte in his first three ...
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Dominguez: Reducing poverty via high growth is Duterte admin’s paramount concern

Finance news
Economy
Washington DC — Finance Secretary Carlos Dominguez III said Thursday (Manila time) here that securing a credit rating upgrade is only secondary to the Duterte administration’s “paramount concern” of pursuing its ...
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