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womensmonth2024

NTRC CELEBRATES NATIONAL WOMEN'S MONTH 2024

NTRC RECEIVES PRIME-HRM BRONZE AWARD

PRIME HRM

CSC’s Director Judith Dongallo-Chicano, Commisioner Aileen Lourdes A. Lizada, Commisioner Leopoldo Roberto W. Valderosa, Jr. and Chairperson Alicia Dela Rosa-Bala awarded the plaque of recognition to OIC-Director Donaldo M. Boo and OIC-Deputy Executive Director Marlene L. Calubag.

The Civil Service Commission (CSC) for the second time recognized the National Tax Research Center (NTRC) in its commitment to promote service excellence in human resource management processes and practices. OIC-Executive Director Donaldo M. Boo and OIC-Deputy Executive Director Marlene L. Calubag together with the staff of the Administrative and Financial Branch and Human Resource Division received the award during the 2019 Public Sector HR Symposium at the Philippine International Convention Center (PICC), Pasay City on July 24, 2019.

The Program to Institutionalize Meritocracy and Excellence in Human Resource Management (PRIME-HRM) aims to successfully transform the agency’s human resource management system, competencies and practices to elevate public sector human resource to a level of excellence for good governance and for efficient and effective public service delivery.

The CSC awarded the PRIME-HRM Bronze Award to the NTRC in recognition of its excellence in human resource management systems, practices and competencies in the four-core human resource management areas, namely: 1) Recruitment, Selection and Placement; 2) Performance Management; 3) Learning and Development; and 4) Rewards and Recognition.

This recognition is a testament that the NTRC, an ISO certified agency, is committed to consistently provide quality services to its clients and comply with the applicable statutory and regulatory requirements on human resource management.

NTRC BAGS HALL OF FAME FOR MOST OUSTANDING ACCOUNTING OFFICE AWARD

hall of fame award

The Association of Government Accountants of the Philippines, Inc. (AGAP) once again recognized the National Tax Research Center (NTRC) as one of the Hall of Famers for the Most Outstanding Accounting Office Award for Fiscal Year 2017. Executive Director Trinidad A. Rodriguez and Deputy Executive Director Teresita L. Solomon together with the staff of Administrative and Financial Branch received the award during the AGAP Convention-Seminar at the Iloilo Convention Center, Megaworld Blvd., Mandurriao, Iloilo City on October 17, 2018.

The Most Outstanding Accounting Office Award was given in recognition of the outstanding performance of the NTRC in providing quality, timely and accurate financial reports that are useful for decision-making and in demonstrating the accountability for the resources entrusted to it. For three consecutive years, the NTRC garnered the said award, hence, it now belongs to the elite Hall of Fame category.

This recognition is a testament that the NTRC, an ISO certified agency, is committed to consistently provide quality services to its clients and comply with applicable statutory and regulatory requirements.

philgeps banner

Open Opportunities

	Publish Date	Closing Date	Title
1	20/02/2024	23/02/2024 03:00 PM	Procurement of Multi-functional Laser Printer and Check Printer , Information Technology ,NATIONAL TAX RESEARCH CENTER
2	20/02/2024	11/03/2024 10:00 AM	Supply and Delivery of Eighty (80) Units Laptop External Monitor , Information Technology ,NATIONAL TAX RESEARCH CENTER
3	13/02/2024	25/03/2024 01:30 PM	Development of the Fiscal Incentives Registration and Monitoring System , Consulting Services ,NATIONAL TAX RESEARCH CENTER

Procurement Activities:

1. DEVELOPMENT OF THE FISCAL INCENTIVES REGISTRATION AND MONITORING SYSTEM

2. Procurement of Private Automatic Branch Exchange (PABX) IP Telephony and with IP Phones and Other Related Services

3. Procurement of Data Center Safety and Upgrade

4. RENEWAL OF THE SUBSCRIPTION OF NTRC CLOUD SERVICE

Notice of Award

Notice to Proceed

- RA 10863 (CMTA)
- Volume II

Frequently Asked Questions

What is NTRC's involvement in current tax issues?

NTRC’s involvement in current tax issues includes the following:

1. Provides comments on House Bills and Senate Bills on tax proposals

2. Prepares facts, figures and notes about the concerned tax

1. 1. 1. Briefer/Notes about the concerned tax
    2. Profile of affected stakeholders
    3. Historical amendments introduced to the concerned tax
    4. Revenue collection on the tax
    5. Revenue estimates of the tax proposal
    6. Other related statistics concerning the tax proposal and practices in selected countries

3. Provides technical assistance to the DOF during the deliberations conducted by the House and Senate Committees on Ways and Means on tax bills

4. Provides comprehensive study or assessment of concerned taxes and recently enacted tax laws.

On the other hand, NTRC’s Inter-Agency involvement relative to fiscal matters is as follows:

1. The NTRC acts as the Technical Secretariat of the Fiscal Incentives Review Board (FIRB) which grants tax subsidy to Government-Owned or Controlled Corporations (GOCCs) and the Commissaries in accordance with Executive Order (EO) 93, series of 1986 and the annual General Appropriations Act (GAA).

2. The NTRC serves as the Secretariat to the Task Force on Fees and Charges which monitors the compliance of collecting agencies to Administrative Order (AO) No. 31 as implemented by DOF-DBM-NEDA Joint Circular No. 01-2013 on the rationalization of fees. As the Secretariat, it extends technical assistance to fee collecting agencies upon request, prepares minutes, status reports and other necessary documents for the Task Force members, and prepares reports, updates and comments on proposed measures involving collection from fees, among others.

3. The NTRC also acts as consultant to both the Technical Committee on Real Property Valuation (TCRPV) and Executive Committee on Real Property Valuation (ECRPV) of Revenue District Offices (RDOs) and Revenue Regional Offices (RROs) of the Bureau of Internal Revenue (BIR). As consultant, it attends meetings and public hearings pertaining to determination/revision of zonal values of various real properties, requests for revaluations; and participates in ocular inspection of subject properties.

4. The NTRC is a member of the Technical Working Committee on the Exchange of Information (TWC-EOI) which reviews, evaluates and provides analysis on issues relating to the Philippines’ compliance to international standards on the exchange of tax information.

What are NTRC's comments on the following tax proposals?

The following are the comments of the NTRC on certain tax proposals filed in Congress, viz.:

1. On Fiscal Incentives Rationalization [Senate Bills (SBs) 35, 987, 2048 and Unnumbered SB (DOF-Version)]

- Supports the objective to rationalize the present fiscal incentives in the country by providing clear-cut incentive packages to registered enterprises that aim to minimize wasteful tax breaks and to ensure efficient provision and management of investment incentives without reducing the country’s attractiveness to investors.

- Supports the inclusion of the Secretaries of National Economic Development Authority (NEDA), Department of Finance (DOF) and Department of Trade and Industry (DTI) to sit as members in the governing boards of all Investment Promotion Agency (IPAs) to ensure that the grant and administration of investment incentives will be in accordance with the country’s medium term economic development plan, contribute to the growth and competitiveness of industries and be fiscally-sustainable.

- Supports the replacement of the annual Investment Priorities Plan (IPP) with the Strategic Investment Plan (SIP) which will be valid for three (3) years.

- Supports the establishment of a comprehensive database on investment and incentives that will serve as the complete repository of all investment and incentives data concerning all IPAs. The database is necessary to ensure that data are available in the review and evaluation of government’s tax incentive policy and the formulation of reforms, if needed, to make incentives a more useful tool for growth and development.

- Considers the need to repeal special laws with tax incentives provisions that may be contributing to wasteful tax incentives estimated at one percent of gross domestic product (GDP) revealed by a World Bank suvey.

2. On Tax Incentives Monitoring and Transparency Act (TIMTA) (HB 2492, SBs 469 and 1187 and Unnumbered HB-DOF Version)

- Supports the objective of the TIMTA to create a Tax Expenditure Account (TEA) in the national budget that will effectively account for the utilization of public funds, including foregone revenues through the grant of tax incentives to a number of business and activities.

- Supports the provision on the administration, implementation and monitoring of the availment of tax incentives to ensure a better review and evaluation of government’s tax incentives policy and the formulation of reforms, if needed, to make tax incentives a more useful tool for growth and development.

- Through TIMTA, the government will be able to track tax incentives that it gives out and properly evaluate which incentives most effectively spur economic development instead of the outright grant of tax incentives.