DOF resolves issues on computation of nat’l tax allotment shares for LGUs
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NewsTranscript
00:00Department of Finance Secretary Ralph Freck to assure the agency remains open to having
00:05continued dialogues with local government units or LGUs to help them strengthen fiscal
00:11capacities and optimize resource utilization enabling them to provide more and better services
00:17to Filipinos.
00:19The finance chief said concerns on the competition or computation of the National Tax Allotment
00:25or NTA shares for local government units or LGUs have been resolved.
00:31He also assured full alignment with the 2019 Mandanas Garcia ruling of the Supreme Court
00:38and relevant laws.