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The Department of Finance (DOF) reported that the comprehensive tax reform program (CTRP) initiated by President Duterte since he took office has yielded more than half a trillion pesos in fresh government revenues. In a report to Finance Secretary Carlos G. Dominguez III, the DOF’s Domestic Fin
DOF to Marcos administration: Impose new taxes
The Department of Finance (DOF) is proposing to defer the implementation of the reduced personal income tax (PIT) rate as well as the removal of certain value-added tax (VAT) exemptions as part of its fiscal consolidation program to address the country’s ballooning pandemic-induced debts. These
DOF chief economist and retired Undersecretary Gil Beltran MANILA - The Board of Trustees of the Philippine Tax Academy (PTA) has unanimously voted to elect Department of Finance (DOF) chief economist and retired Undersecretary Gil Beltran as the institution's first president. Finance Secretary and PTA Board of Trustees chairperson Carlos Dominguez III nominated Beltran, who will serve up to June 30, 2022, without prejudice to his subsequent reappointment in the next administration. Retired DOF Assistant Secretary Ma. Teresa Habitan was also appointed as Chancellor of the PTA. Beltran was ...
Beltran named first PTA president By CHINO S. LEYCO The Board of Trustees of the Philippine Tax Academy (PTA) has unanimously voted to elect Department of Finance (DOF) Chief Economist and retired Undersecretary Gil S. Beltran as the institution’s first president. Finance Secretary and PTA Boa