Finance chief backs raps vs top tax-paying oil firm
By Ronnel W. Domingo
Even top taxpayers must obey the law, Finance Secretary Cesar V. Purisima said Tuesday.

Even top taxpayers must obey the law, Finance Secretary Cesar V. Purisima said Tuesday.

Finance Secretary Cesar V. Purisima on Thursday called on the newly minted lawyers to help in the campaign for greater tax compliance among the self-employed and professionals, particularly members of the bar.

The Department of Finance has renewed calls to simplify the processing of overseas development assistance (ODA) to hasten the implementation of covered projects.
The Bureau of the Treasury (BTr) will push through in December with another bond exchange meant to improve the government’s debt profile—one of the reasons that Euromoney named Cesar V. Purisima its Finance Minister of the Year for 2012.

The government has called on mining companies to cooperate with a planned review of all industry operations and contracts as mandated in Executive Order No. 79, which outlines the Aquino administration’s mining policy.
The Philippine government has raised $1.5 billion from the issuance of 25-year global bond registered with the US Securities and Exchange Commission, the Department of Finance said Thursday.
The Aquino administration’s infrastructure ventures may turn out to be its lasting legacy to a nation sorely in need of vital public facilities and installations. That legacy, Finance Secretary Cesar V. Purisima said, could trump even those of previous administrations whose key figures unfailingly flaunt monuments to their years in office. But the big difference [...]