The Department of Finance (DOF), together with the Addis Tax Initiative (ATI), called for stronger inter-agency cooperation to reduce wasteful tax expenditures and boost trust in the tax system for…
The Department of Finance (DOF) welcomed the decision of the Supreme Court affirming the constitutionality of the Tax Reform for Acceleration and Inclusion (TRAIN) Act amid petitions claiming the law…
The Fiscal Incentives Review Board (FIRB) announced that the deadline for the transfer of existing registered business enterprises (RBEs) in the Information Technology and Business Process Management (IT-BPM) sector to…
The Fiscal Incentives Review Board (FIRB) approved the tax incentives application of TDK Philippines Corporation (TPC) for the manufacturing of microwave-assisted magnetic recording sliders (MAMR-Slider). The P2.5 billion project was…
The Fiscal Incentives Review Board (FIRB) agreed to allow the transfer of registered Information Technology and Business Process Management (IT-BPM) companies to the Board of Investments (BOI) in an effort…
Finance Secretary and Fiscal Incentives Review Board (FIRB) Chairperson Benjamin Diokno issued a memorandum provisionally extending the existing work-from-home (WFH) arrangement for the Information Technology and Business Process Management (IT-BPM)…
The Fiscal Incentives Review Board (FIRB) Secretariat has successfully conducted 15 virtual town hall meetings attended by 2,400 participants combined, in an effort to brief and assist its stakeholders on…
The Philippine Economic Zone Authority (PEZA) does not track the inflow of actual investments made by its registered business enterprises (RBEs) since the implementation of the Corporate Recovery and Tax…
With the goal to formulate sound guidelines on the fees collected by the different investment promotion agencies (IPAs) from their respective registered business enterprises (RBEs), the Fiscal Incentives Review Board…
Upon the recommendation of the Board of Investments (BOI), the Fiscal Incentives Review Board (FIRB) has approved the tax incentives applications of four telecommunications companies (telcos), including Converge ICT Solutions,…
