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Department of Finance (Philippines)

The Philippines' Department of Finance (DOF) (Filipino: Kagawaran ng Pananalapi) is the executive department of the Philippine government responsible for the formulation, institutionalization and administration of fiscal policies, management of the financial resources of government, supervision of the revenue operations of all local government units.

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Philippines Urged to Change Tax Balance

Thursday 29th of July 2010 08:46:47 PM
Posted by admin / Under Department Of Finance (Philippines)

Corporate and personal income taxes in the Philippines should be lowered to 25 percent, and Value Added Tax (VAT) raised to 15 percent, according to the Department of Finance (DOF) of the Philippines.

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Trade group lauds DoF stance on watermark bill

Thursday 29th of July 2010 08:46:47 PM
Posted by admin / Under Department Of Finance (Philippines)

The Federation of Philippine Industries (FPI) lauded the Department of Finance (DoF) recently for rejecting a proposed bill by Deputy Speaker Simeon Datumanong of Maguindanao to put watermarks on security paper because of high costs.

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Taxes on book imports lifted | The Philippine Star News

Thursday 29th of July 2010 08:46:47 PM
Posted by admin / Under Department Of Finance (Philippines)

"MANILA, Philippines - President Arroyo ordered [May 24, 2009] the Department of Finance to scrap the taxes imposed on imported books and reading material."

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