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                    [ArticleID] => 1305357
                    [Title] => DOF: 1.5% of GDP lost from tax incentives
                    [Summary] => 
The Department of Finance (DOF) on Wednesday said the government lost at least 1.5 percent of gross domestic product in 2011 due to revenue loss from granting income tax holidays, reduced income tax rates and duty to investments.

                    [DatePublished] => 2014-03-26 14:20:36
                    [ColumnID] => 0
                    [Focus] => 0
                    [AuthorID] => 1422137
                    [AuthorName] => Jovan Cerda
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => http://media.philstar.com/images/the-philippine-star/business/business-main/20140326/income-tax-incentives.jpg
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                    [ArticleID] => 857149
                    [Title] => Perks rationalization seen key to Phl upgrade
                    [Summary] => 
The passage of a measure that would rationalize fiscal incentives could help the Philippines achieve the much-awaited credit rating upgrade, the International Monetary Fund’s new resident representative for the Philippines said.
                    [DatePublished] => 2012-10-08 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804708
                    [AuthorName] => Iris Gonzales
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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                    [ArticleID] => 790617
                    [Title] => IMF pushes unitary tax system
                    [Summary] => 
The International Monetary Fund (IMF) recommended the adoption of a unitary sin tax system and indexation of excise taxes to inflation as proposed under House Bill 5727, which is currently pending before the House ways and means committee.
                    [DatePublished] => 2012-03-26 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804708
                    [AuthorName] => Iris Gonzales
                    [SectionName] => Business
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                    [ArticleID] => 620565
                    [Title] => IMF, MCC sign accord to help reform BIR
                    [Summary] => 
The US government’s Millennium Challenge Corp. (MCC) and the International Monetary Fund (IMF) have signed a partnership agreement to provide capacity-building support for the reform and modernization of tax administration in the Philippines to increase revenue collection and reduce opportunities for corruption.
                    [DatePublished] => 2010-10-15 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1415410
                    [AuthorName] => Jose Katigbak
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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                    [ArticleID] => 416483
                    [Title] => IMF names new RP resident representative
                    [Summary] => 
The International Monetary Fund (IMF) has appointed a Dutch economist as its new resident representative to the Philippines, replacing three-year veteran Reza Baqir.
                    [DatePublished] => 2008-11-20 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096655
                    [AuthorName] =>  Des  Ferriols
                    [SectionName] => Business
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                    [ArticleID] => 170251
                    [Title] => Government eyes $400-M from sale of 10% stake in Malampaya
                    [Summary] => The government  expects to raise $400 million from the sale of its 10-percent stake in the $2-billion Malampaya gas project.


Cabinet sources told reporters yesterday that the administration is hoping to complete the sale within the year following the appointment of the European investment bank, Credit Lyonaise as financial adviser.


They   said  the   proceeds of the sale will "be critical in financing"   the  government’s  P800.7- billion   budget  for   next year.


                    [DatePublished] => 2002-07-31 00:00:00
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FISCAL AFFAIRS DEPARTMENT

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            [0] => Array
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                    [ArticleID] => 1305357
                    [Title] => DOF: 1.5% of GDP lost from tax incentives
                    [Summary] => 
The Department of Finance (DOF) on Wednesday said the government lost at least 1.5 percent of gross domestic product in 2011 due to revenue loss from granting income tax holidays, reduced income tax rates and duty to investments.

                    [DatePublished] => 2014-03-26 14:20:36
                    [ColumnID] => 0
                    [Focus] => 0
                    [AuthorID] => 1422137
                    [AuthorName] => Jovan Cerda
                    [SectionName] => Business
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                    [ArticleID] => 857149
                    [Title] => Perks rationalization seen key to Phl upgrade
                    [Summary] => 
The passage of a measure that would rationalize fiscal incentives could help the Philippines achieve the much-awaited credit rating upgrade, the International Monetary Fund’s new resident representative for the Philippines said.
                    [DatePublished] => 2012-10-08 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804708
                    [AuthorName] => Iris Gonzales
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [2] => Array
                (
                    [ArticleID] => 790617
                    [Title] => IMF pushes unitary tax system
                    [Summary] => 
The International Monetary Fund (IMF) recommended the adoption of a unitary sin tax system and indexation of excise taxes to inflation as proposed under House Bill 5727, which is currently pending before the House ways and means committee.
                    [DatePublished] => 2012-03-26 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804708
                    [AuthorName] => Iris Gonzales
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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                    [ArticleID] => 620565
                    [Title] => IMF, MCC sign accord to help reform BIR
                    [Summary] => 
The US government’s Millennium Challenge Corp. (MCC) and the International Monetary Fund (IMF) have signed a partnership agreement to provide capacity-building support for the reform and modernization of tax administration in the Philippines to increase revenue collection and reduce opportunities for corruption.
                    [DatePublished] => 2010-10-15 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1415410
                    [AuthorName] => Jose Katigbak
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

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                (
                    [ArticleID] => 416483
                    [Title] => IMF names new RP resident representative
                    [Summary] => 
The International Monetary Fund (IMF) has appointed a Dutch economist as its new resident representative to the Philippines, replacing three-year veteran Reza Baqir.
                    [DatePublished] => 2008-11-20 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096655
                    [AuthorName] =>  Des  Ferriols
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

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                (
                    [ArticleID] => 170251
                    [Title] => Government eyes $400-M from sale of 10% stake in Malampaya
                    [Summary] => The government  expects to raise $400 million from the sale of its 10-percent stake in the $2-billion Malampaya gas project.


Cabinet sources told reporters yesterday that the administration is hoping to complete the sale within the year following the appointment of the European investment bank, Credit Lyonaise as financial adviser.


They   said  the   proceeds of the sale will "be critical in financing"   the  government’s  P800.7- billion   budget  for   next year.


                    [DatePublished] => 2002-07-31 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096655
                    [AuthorName] =>  Des  Ferriols
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

        )

)

abtest

DOF: 1.5% of GDP lost from tax incentives

By Jovan Cerda | March 26, 2014 - 2:20pm

The Department of Finance (DOF) on Wednesday said the government lost at least 1.5 percent of gross domestic product in 2011...

Business

Perks rationalization seen key to Phl upgrade

By Iris Gonzales | October 8, 2012 - 12:00am

The passage of a measure that would rationalize fiscal incentives could help the Philippines achieve the much-awaited credit rating upgrade, the International Monetary Fund’s new resident representative for...

Business

IMF pushes unitary tax system

By Iris Gonzales | March 26, 2012 - 12:00am

The International Monetary Fund (IMF) recommended the adoption of a unitary sin tax system and indexation of excise taxes to inflation as proposed under House Bill 5727, which is currently pending before the House...

Business

IMF, MCC sign accord to help reform BIR

By Jose Katigbak | October 15, 2010 - 12:00am

The US government’s Millennium Challenge Corp. (MCC) and the International Monetary Fund (IMF) have signed a partnership agreement to provide capacity-building support for the reform and modernization of tax...

Business

IMF names new RP resident representative

By Des Ferriols | November 20, 2008 - 12:00am

The International Monetary Fund (IMF) has appointed a Dutch economist as its new resident representative to the Philippines, replacing three-year veteran Reza Baqir.

Business

Government eyes $400-M from sale of 10% stake in Malampaya

By Des Ferriols | July 31, 2002 - 12:00am

The government expects to raise $400 million from the sale of its 10-percent stake in the $2-billion Malampaya gas project. Cabinet sources told reporters yesterday that the administration is hoping to complete...

Business