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Amendments to the Retail Trade Liberalization Act | Atty. Dennis Gorecho

Greater involvement of foreign retailers in the Philippine retail trade sector is expected as barriers to their entry have effectively been relaxed in the Amendments to the Retail Trade Liberalization Act (Republic Act 11595). The Retail Trade Liberalization Act of 2000 was enacted during the administration of President Joseph Estrada… ....

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The taxman cometh not

The taxman cometh not
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VAT, corporate income tax collections fall below legal rates

The Department of Finance has appealed with tax managers to demand their clients to remit the right taxes to help the government fund its pandemic response and reduce borrowing volume. ....

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DOF to tax managers: Stop finding 'loopholes' – Manila Bulletin

Finance Secretary Carlos G. Dominguez III called on tax management professionals to help build trust among taxpayers and encourage them to pay the right amount of taxes instead of finding “loopholes” for their clients to get away and avoid tax obligations.

Dominguez said that although the gover ....

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DOF chief toTMAP: Don't abet clients' tax avoidance | Bernadette D. Nicolas

FINANCE Secretary Carlos G. Dominguez III called on tax management professionals to stop finding “loopholes” for their clients to get away with tax avoidance as this prevents the government from collecting more funds for pandemic response, economic investments, and payment of debts. Speaking before the Tax Management Association of the… ....

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