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In a statement issued last June 10, Department of Finance (DOF) Assistant Secretary Juvy Danofrata indicated that the Fiscal Incentives Review Board (FIRB) welcomes the decision of business process outsourcing (BPO) firm Concentrix to give up fiscal incentives in exchange for maintaining its hybrid work scheme for their employees. They said they are not monitoring that," Danofrata said in a report during a recent Department of Finance (DOF) Executive Committee (Execom) meeting. In an earlier statement, DOF Secretary and FIRB Chairman Carlos Dominguez III clarified that BPOs are allowed to adopt WFH arrangements moving forward, and that the decision on which particular work arrangement to approve is an exercise of corporate management discretion. "However, they must give up the tax incentives they currently enjoy because the law is clear on this," the DOF secretary stressed. From 2016 to 2019, Department of Finance (DOF) Assistant Secretary Paola Alvarez noted that IT-BPO firms have enjoyed an average of PHP 26.30 billion in total tax incentives. In relation to this, Plaza has addressed concerns on how some BPOs are reportedly moving away from ecozones to keep WFH for BPO workers, a phenomenon which was earlier observed by the Department of Finance (DOF). Read more in our articles including "Gov't says tax incentives 'not that important' for BPOs as RTO mandate remains" and "PH-based job portal finds signs of "great resignation" among Cebu workers".