The Department of Finance (DOF) will be putting up a P33 million regional training center in Cagayan de Oro City next year as part of its proposed Philippine Tax Academy (PTA).

In a press release, the DOF said this planned PTA Training Center will provide provincial employees of the Bureau of Local Government Finance (BLGF), Bureau of Internal Revenue (BIR) and Bureau of Customs (BOC) continuing professional education and training on improving tax collection competence and efficiency. The proposed training center will be in a 1,064 square meter property in CDO and is in conformance with Republic Act (RA) No. 10143.

The DOF has already tied up with State Universities and Colleges (SUCs) such as the University of the Philippines (UP) and the University of Makati (UMak) in setting up the first PTA in the country by January 2018.

The main campus of the PTA will be at the UMak in Makati City while the UP College of Economics in Diliman is being eyed to offer Executive Program certificate courses to interested DOF employees.

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