What is the connection of Securities and Exchange Commission and the Bureau of Internal Revenue and the Bureau of Customs as it relates to the taxation powers of the government executed through the Department of Finance?
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 DOF’s role over time. Below are the Bureaus, Agencies and Government Corporations under the supervision of DOF.