Finance

DOF seeks overhaul of corporate tax system to correct inequities, improve compliance

The Department of Finance (DOF) is pushing reforms in the corporate income tax (CIT) system, including the lowering of the tax rates and the expansion of the functions of the Fiscal...

PCCI, DOF holding nationwide tax reform caravan

The Department of Finance (DOF), in partnership with the Participatory Governance Cluster-Open Government Partnership (PGC-OGP) led by the Departments of Budget and Management (DBM) and Interior and Local Government (DILG), and...

PHL economy to grow faster in 2018 – Dominguez

Finance Secretary Carlos Dominguez III expects the economy to expand faster this year now that the Duterte administration’s programs to modernize public infrastructure and sustain the growth momentum have started falling...

Strong 2017 PH growth shows ‘underlying strength’: BSP

MANILA -- The strong growth of the Philippine economy in 2017 shows its intrinsic strength and bodes well for the Bangko Sentral ng Pilipinas’ (BSP) inflation-targeted framework. The statement was made by...

Makati extends deadline for business, realty tax payments

MANILA -- The Makati City government has extended the deadline of assessment of business permits without penalty to Jan. 25, and the payment of business and realty taxes to Jan. 31,...

Industries’ revenue up 8.6% in Q3 2017

MANILA -- Total gross revenues of industries from July to September in 2017 increased by 8.6 percent, the Philippine Statistics Authority (PSA) reported Friday. The PSA noted that growth in total revenue...

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