ssb-tax-english

The Mindanao Business Council Inc. (MBCI) has given its full backing to the comprehensive tax reform program of the Duterte administration, describing it as “the starting point” to the attainment of the Philippines’s full economic prosperity by 2040. Led by its chairman, Vicente Lao, the MBCI said that President Duterte’s vision of significantly reducing poverty Read More

ssb-tax-english

The proposed comprehensive tax reform program will, if approved in toto, let the Duterte administration improve 44,000 kilometers of national and local roads; build 6,700 health centers and hire nearly 10,000 doctors, nurses and midwives; and attain 100 percent health insurance coverage, along with building 80,000 more classrooms and hiring 157,000 teachers over the next Read More

ssb-tax-english

The Department of Finance (DOF) expects to raise from its proposed Tax Reform and Inclusion Act a net gain of P174.2 billion, of which a substantial portion would be spent on targeted transfer programs that will benefit the country’s most vulnerable sectors–if and when Congress passes this DOF initiative in its original form. The first Read More

ssb-tax-english

Finance Secretary Carlos Dominguez III said today that congressional approval of the proposed tax reform program would help the Duterte administration realize its vision of reducing the poverty level to just 14 percent and free six million Filipinos from the shackles of poverty over the next six years. Dominguez said the Philippines is now at Read More