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) is finalizing the guidelines on the suspension or withdrawal of tax incentives, and the cancellation of project or activity registration applicable to all registered…
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…
Finance Secretary and Fiscal Incentives Review Board (FIRB) Chairperson Benjamin Diokno emphasized that fiscal prudence must be exercised in granting tax incentives, as provided under the Corporate Recovery and Tax…
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) clarified that the information being circulated on the extension of the work-from-home (WFH) arrangement for the Information Technology and Business Processing Management (IT-BPM) sector…
The Fiscal Incentives Review Board (FIRB) convened its new members under the Marcos administration to discuss the rationalization of investor fees and streamlining of the FIRB’s monitoring and evaluation processes,…
