The Department of Finance is a government institution that formulates fiscal policy.

Carrying out its basic function of

revenue generation to ensure adequate financing for the needs of the country has led to an expansion of the DOFs
role over time. Below are the Bureaus, Agencies and Government Corporations under the supervision of DOF.
BUREAU OF INTERNAL REVENUE (BIR)
As Mandated:
1) Assessment and collection of all national internal revenue taxes, fees and charges.
2) Enforcement of all forfeitures, penalties, fines and execution of judgments in all cases decided in its favor by the
Court of Tax Appeals and the ordinary courts
3) Administer supervisory and police powers conferred by National Internal Revenue Code as amended by R.A. 8424
or other laws.
Website : http://www.bir.gov.ph
HEADED BY :
Kim S. Jacinto-Henares
Commissioner
Address : National Internal Revenue Building, Agham Road, Diliman, Quezon City, Philippines
Telephone : (632) 921-0430 (632) 981-7113
Fax : (632) 925-1789
Email : contact_us@cctr.bir.gov.ph
BUREAU OF CUSTOMS (BOC)
As mandated by Section 602 of the TCCP; Assess and collect lawful revenues:
1) Prevent smuggling and other frauds
2) Control vessels/aircrafts doing foreign trade
3) Enforce tariff and customs laws
4) Control the handling of foreign mails for revenues and prevention purposes
5) Control import and export cargoes
6) Jurisdiction over forfeiture and seizure cases
Website : http://www.customs.gov.ph
HEADED BY :
Rufino Biazon
Commissioner
Address : Bureau of Customs Building, Port Area, South Harbor, Manila
Telephone : (632) 526-6355
Fax : (632) 527-4511
BUREAU OF TREASURY (BTR)
1) Assist in formulation of policies on borrowing, investment and capital market development;
2) Formulate adequate operational guidelines for fiscal and financial policies;
3) Assist in preparation by government agencies concerned of an annual program, for revenue and expenditure
targets, borrowing levels and cash balances of National Government (NG);
4) Maintain books of accounts of the NG cash transactions;
5) Manage cash resources of NG, collect advances made, and guarantee and forward cover fees due NG;
6) Control and service NG public debt, both foreign and domestic;
7) Issue, service, redeem government securities for account of NG as may be authorized by the President pursuant
to law.
Website : http://www.treasury.gov.ph
HEADED BY :
Rosalia V. De Leon
Treasurer
Address : Palacio del Gobernador Bldg., Intramuros, Manila
Telephone : (632) 527-3184 (632) 522-3592
Fax : (632) 527-7319
Email : webmaster@treasury.gov.ph
BUREAU OF LOCAL GOVERNMENT FINANCE (BLGF)
Department of Finances arm (DOF) directly responsible over the fiscal and financial affairs of local government.
Under a decentralized regime, BLGF provides a catalytic role in effective and sustainable management of fiscal and
financial resources of LGUs, transforming them into self-reliant communities. It is vigilant and dedicated to pursuit of
development and professionalization of its employees including those of the local treasury and assessment services.
Mandate:
1) Section 43 of Executive Order No. 127, as amended, other pertinent provisions of Local Government Code of
1991, BLGF shall: Assist in formulation and implementation of policies on local government revenue administration
and fund management;
2) Assist LGU in development and implementation of Real Property Tax Administration (RPTA) projects;
Website : http://www.blgf.gov.ph
HEADED BY :
Salvador del Castillo
OIC, Executive Director
Address : 8th Floor EDPC Bldg., BSP Complex, Roxas Blvd., Manila
Telephone : (632) 527-2780 (632) 522-8773
Fax : (632) 5272780
INSURANCE COMMISSION (IC)
Mandate:
1) To promote growth and financial stability of insurance companies
2) To professionalize insurance services and develop insurance consciousness among the general populace
3) To establish a sound national insurance market, and
4) To safeguard the rights and interest of the insuring people.
Website : http://www.insurance.gov.ph
HEADED BY :
Emmanuel F. Dooc
Commissioner
Address : IC Building, #1071 United Nations Avenue, Manila, 1004, Philippines P.O. Box 3589, Manila
Telephone : (632) 525-2015
Fax : (632) 532-1434
Email : oic@i-manila.com.ph
NATIONAL TAX RESEARCH CENTER (NTRC)
Mandate:
1) To promote a tax system that will ensure a fair distribution of the tax burden among the Filipino taxpayers.
2) To recommend necessary improvements in the tax system by conducting continuing quality research on
taxation.
3) To provide responsive staff support to fiscal policy makers.
4) To provide opportunities for professional growth and promote the well-being of our personnel.
Website : http://www.ntrc.gov.ph
HEADED BY :
Trinidad A. Rodriguez
OIC, Executive Director
Address : Harbor Centre II, 23rd St. cor. A.C. Delgado St., Port Area, Manila
Telephone : (632) 527-2050 (632) 527-2064
Fax : (632) 527-2050
Email : ntrc@eastern.com.ph
CENTRAL BOARD OF ASSESSMENT APPEAL (CBAA)
Mandate:
1) To warrant observance of the due process of law clause mandated by the Constitution in the assessment and
collection of real property taxes by the government,
2) To ensure that the taxpayers are given the opportunity to be heard.
Website : http://www.bokomat.com/
HEADED BY :
Ofelia A. Marquez
Chairman
Address : 7th Floor, EDPC Building, BSP Complex, Roxas Blvd., Manila Philippines
Telephone : (632) 525-1410 (632) 526-7485
Fax : (632) 525-1411
Email : cbaa@compass.com.ph
PHILIPPINE DEPOSIT INSURANCE CORPORATION (PDIC)
INSURER, provides adequate depositor protection and education and ensure immediate processing and settlement
of depositor claims;
As REGULATOR, conducts diligent monitoring and examination of member banks and implement prompt, decisive
and prudent interventions;
As RECEIVER, implements efficient receivership, judicious rehabilitation, and expeditious liquidation of closed banks.
Website : http://www.pdic.gov.ph
HEADED BY :
Valentin A. Araneta
Address : PDIC Bldg., # 2228 Chino Roces Ave., Makati City, Philippines
Telephone : (632) 818-6906 / (632) 817-1445
Fax : (632) 817-3566
PHILIPPINE EXPORT-IMPORT CREDIT AGENCY (PHILEXIM)
Mission:
To stimulate, increase and develop the export of goods and services, and to facilitate investment in strategic sectors
for the countrys development by extending guarantees, insurance, credit and related technical assistance services to
viable enterprises
Website : http://www.philexim.gov.ph
HEADED BY :
Francisco S. Magsajo, Jr.
President and CEO
Address : 17th Floor, Citibank Plaza, 8741 Paseo de Roxas St., Makati City 1226
Telephone : (632) 893-4632 (632) 893-4809 (632) 848-1900 TL
Fax : (632) 8934672
Email : fsmagsajo@philexim.gov.ph