The Finance and Budget Departments are now finalizing the establishment of a Philippine Tax Academy next year at the University of Makati to provide revenue and customs authorities a learning institution dedicated to their education and training on improving tax collection competence and efficiency.
Finance Secretary Carlos Dominguez III said Republic Act 10143, which was signed into law almost seven years ago during the 14th Congress, enabled the DOF to set up the Tax Academy to provide continuous training and education to personnel of the Bureaus of Internal Revenue, of Customs and of Local Government Finance.
“We found that there is a law that was passed maybe 10 years ago that allow the Department of Finance to put up a tax academy, so we are going to implement that next year,” Dominguez said.
Dominguez said the agency planned to offer courses at the academy inside the UMaK campus starting January 2018.