CREATION OF A TASK FORCE ON LONG-TERM PLANNING FOR RESOURCE MOBILIZATION
To attain the revenue effort targets in the Medium-Term Development Plan, 1989-1992 and sustain revenue growth in the next decade, there are is an urgent need for a coordinating mechanism to strengthen long-term planning and plan implementation of the government's resource mobilization efforts. In view thereof, a Task Force on Long-Term Planning for Resource Mobilization is hereby created. The Task Force shall formulate long-term plans to improve resource mobilization and reduce the fiscal deficit; study proposed revenue policies, policy measures and legislations; prepare action plans to implement said policies and legislations; recommend improvements on tax administration; and coordinate efforts to minimize/ remove tax evasion and avoidance. The Task Force shall be composed of the following members: 1)
Undersecretary for Domestic Operations as Chairman;
2)
National' Treasurer;
3)
An Assistant Commissioner from the Bureau of Customs;
4)
A Deputy Commissioner from the Bureau of Internal Revenue; and
5)
The Executive Director of the National Tax Research Center.
The Chairman may invite members from other departments and offices as necessary. The Financial and Fiscal Policy and Planning Office (FFPPO) of this Department shall act as the Secretariat of the Task Force. The Task Force shall report periodically to the Secretary of Finance.
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