Sunday, December 14, 2025
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Tag: Department of Finance

DOF backs bill extending estate tax amnesty to 2028

The Department of Finance (DOF) is supporting House Bill 6614, which proposes extending the Estate Tax Amnesty until Dec. 31, 2028. The move is aimed...

Business groups welcome suspension of tax audits

The Makati Business Club (MBC) and the Philippine Chamber of Commerce and Industry (PCCI) have welcomed the Department of Finance’s (DOF) directive to the...

DOF suspends BIR field audits amid taxpayer concerns

The Department of Finance (DOF) on Monday announced the immediate and temporary suspension of all Bureau of Internal Revenue (BIR) field audits and related...

DOF, DBM sign data-sharing pact to boost oversight of state firms

The Department of Finance (DOF), the Governance Commission for Government-Owned and Controlled Corporations (GCG), and the Department of Budget and Management (DBM) signed a...

Top LGUs

The Department of Finance (DOF) and the Bureau of Local Government Finance (BLGF) recognize the top-performing local government units during the bureau’s 38th anniversary...

DOF thanks Lumagui, welcomes new BIR chief

Department of Finance (DOF) Secretary Ralph Recto on Thursday welcomed former Department of Finance (DOF) Undersecretary Charlito Mendoza as the new head of the...

Mendoza named new BIR chief to replace Lumagui

President Ferdinand Marcos Jr. has named Department of Finance Undersecretary Charlito Martin Mendoza as the new commissioner of the Bureau of Internal Revenue (BIR),...

DOF bolsters disaster response with P31.8-b fund

The Department of Finance (DOF) is enhancing the country’s disaster response by financing calamity funds to ensure the rapid delivery of relief and the...

Philippines tightens online tobacco sales with mandatory age verification

The Department of Finance (DOF) has approved a new resolution from the Inter-Agency Committee on Tobacco (IAC-Tobacco) that mandates stricter age verification systems for...

SEC proposes wider audit exemption for small firms

THE Securities and Exchange Commission (SEC) is pushing to exempt more corporations, particularly micro, small and medium enterprises (MSMEs), from the mandatory submission of...

DOF champions ASEAN disaster insurance fund for public assets

The Philippines is spearheading the creation of a regional financial mechanism to safeguard critical public infrastructure across Southeast Asia from disaster-related disruption, an initiative...

Barriers to decarbonizing waste and transport sectors identified

The Green Finance Institute released a new report analyzing investment barriers and innovative financial mechanisms in mobilizing private capital into the transport and waste...

DOF denies VAT hike rumors, accuses solon of spreading ‘fake news’

The Department of Finance (DOF) has publicly asked Cavite Fourth District Rep. Francisco Barzaga to cease disseminating "fake news" regarding a supposed plan to...

Malacañang denies Recto’s resignation rumors

Malacañang on Tuesday denied rumors that Department of Finance Secretary Ralph Recto has stepped down from his post, assuring the public that he continues...
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