Finance Secretary Carlos Dominguez III underscored the urgency of harmonizing and constantly updating tax policies and administration practices across the Asia-Pacific region to combat tax evasion against the backdrop of an increasingly borderless world. Dominguez cited, in particular, the cigarette manufacturing industry, where harnessing new tools for surveillance, the improved documentation of tax payments, and closer cooperation between tax and customs authorities are needed to check against tax fraud. In the Philippines, Dominguez said […]