Tag page - Karlo Fermin Adriano

Finance Secretary Ralph G. Recto has revamped his team responsible for developing the Marcos administration’s tax reform proposals and fiscal policy recommendations.   Finance Assistant Secretary Karlo Fermin Adriano (left) and Finance Undersecretary Renato Reside Jr. (right).   Finance...

The Department of Finance (DOF) is actively pursuing the removal of tax exemptions for pickup trucks that are not essential for small business operations. According to the DOF proposal, the reintroduction of excise tax on pickup trucks marketed as "lifestyle passenger vehicles" will significantly...