The Department of Finance (DoF) said the mining industry’s fiscal regime will be part of the government’s comprehensive tax reform package (CTRP) after President Rodrigo Duterte reminded all extractive corporations and contractors to pay the right amount of taxes.
Finance Undersecretary Bayani Agabin, a member of the multi-stakeholder Mining Industry Coordinating Council (MICC), said the body tasked to review the sector fully supports the effort of the President to review the mining laws.
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