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Department of Finance building / CREDIT: Wikimedia / Manila Bulletin

DOF willing to lower VAT, with conditions

By Chino S. Leyco The Department of Finance (DOF) is willing to lower the current value-added tax (VAT) rate as long as Congress will remove…



Department of Finance building / CREDIT: Wikimedia / Manila Bulletin

DOF readies second tax reform bill

By Chino S. Leyco The Department of Finance (DOF) will submit to the Congress the second package of the government’s Comprehensive Tax Reform Program (CTRP)…

Flag of Brazil (via Max Pixel / Manila Bulletin)

Brazil moves to Open Skies deal with US

By Reuters Brasilia – The lower house of Brazil's Congress  has approved an Open Skies agreement between Brazil and the United States (US) that clears…