DOF pushes for agency reforms

The Department of Finance (DOF) on Thursday said improving the organizational capacity of the government’s revenue-generating agencies would boost the estimated additional revenues under its proposed Comprehensive Tax Reform package.

As part of the transition document that will be passed on to incoming Finance Secretary Carlos Dominguez, the DOF said the organizational capacity of the Bureau of Internal Revenue (BIR) and the Bureau of Customs (BOC) must be improved dramatically to improve collections.