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DENR to link land database with LRA's to streamline titling

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DoF backs tax amnesty extension - BusinessWorld


BusinessWorld
May 5, 2021 | 12:34 am
WWW.DOF.GOV.PH
THE DEPARTMENT of Finance (DoF) and the Bureau of Internal Revenue (BIR) expressed support for the two-year extension of the estate tax amnesty, citing difficulties in implementation and below-target revenues amid the pandemic.
Finance Undersecretary Antonette C. Tionko said the DoF does not object to the extension of the estate tax amnesty, which is set to expire on June 15.
“So we recognize that there have been difficulties in the implementation of the amnesty and the revenue that we expected has not been collected because precisely of some technicalities in the implementation,” she told a Senate Ways and Means committee hearing. ....

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