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SP Pimentel gives full support to CTRP bill

Senate President Aquilino Pimentel Jr. himself has filed a counterpart measure to the Duterte administration’s pending tax reform bill in the House of Representatives as he underscored the importance of implementing tax policy and administration reforms meant to raise sufficient revenues for the government’s unprecedented public investment program, while at the same time plugging value Read More

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Ex-President GMA urges Congress to pass tax reforms as one package

The government’s experience in 2009 of a massive erosion in revenues as a result of the Congress’ failure the year before to approve a revenue-neutral package in its entirety underscores the necessity of passing the proposed Comprehensive Tax Reform Program (CTRP) of the Duterte administration in full or as one package. Sharing her “sad experience Read More

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Clean Air Asia backs DOF tax reforms

An international nongovernment organization advocating clean air initiatives is backing the Department of Finance (DOF)-proposed reforms in excise taxes on fuel and vehicles as an effective measure to raise additional revenues while curbing air pollution by reducing the “wasteful consumption” of fossil fuels. Clean Air Asia also lauded the Philippine government’s plan to use part Read More

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‘Ambitious’ CTRP wins support in Congress

The senior vice chairperson of the House committees on ways and means, on appropriations and on economic affairs has given his full backing to the Duterte administration’s resolve to make the Comprehensive Tax Reform Program (CTRP) “ambitious” enough to transform the Philippines into an upper-middle income economy by 2022 and a high income one in Read More

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TUCP, FINEX lead groups for DOF income tax reforms

Various organizations led by the Trade Union Congress of the Philippines (TUCP), Financial Executives of the Philippines (FINEX) and the National Tax Research Center (NTRC) are backing the “long-overdue” reforms in personal income tax (PIT) rates proposed by the Department of Finance (DOF) along with other measures to make the tax system simpler, more equitable Read More

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Tax reform “key link” to redeeming PHL future—Dominguez

Finance Secretary Carlos Dominguez III has underscored the importance of public diplomacy to win popular support for the Duterte administration’s proposed Comprehensive Tax Reform Program (CTRP) by convincing ordinary Filipinos that an overhaul of the outdated tax is the “key link” to “redeeming the country’s future.” “It is important for us to quickly conduct public Read More

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Cabinet execs bat for speedy passage of DOF’s CTRP in Congress

Members of the Duterte Cabinet have appealed to the Congress to swiftly pass the proposed Comprehensive Tax Reform Program (CTRP) that will empower government to overhaul the country’s obsolete tax system to make it simpler, fairer and more efficient while raising funds for its unprecedented public investment program. Seven department secretaries and five undersecretaries have Read More

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Cabinet officials pitch support for CTRP before Congress

Seven Cabinet Secretaries and five undersecretaries came in full force at Monday’s hearing of the House ways and means committee on the proposed Comprehensive Tax Reform Program (CTRP) to demonstrate their unequivocal support for this highly progressive and ambitious plan that aims not only to make the country’s outdated tax system simpler and fairer but Read More