A group of Filipino tax experts has urged the public to faithfully comply with their tax filing obligations, saying non-compliance is now a punishable offense under existing regulations.
In a statement, the Tax Management Association of the Philippines (TMAP), said on Saturday, Feb. 12, the...
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...
Some 28 business and professional organizations in the country have expressed strong support as they called to uphold the independence of the Commission on Audit, which has uncovered “deficiencies” in its audit on the way government funds were being appropriated by government...
