The main authors of the Comprehensive Tax Reform Program (CTRP) in the Congress said their combined proposals to convert the current tax system into a more progressive one will help unlock the full potentials of the Philippine economy and ensure a brighter future for the country’s young Filipinos.
Read MoreHONG KONG—With the Philippines free of its debt load and reaping investment-grade status, Finance Secretary Carlos Dominguez III has called on potential investors to help rewrite the Philippines’ growth story by taking part in the country’s nascent drive to finally close its infrastructure backlog that has for decades blunted its regional competitiveness as an investment hub.
Read MoreThe Department of Health (DOH) is backing the Department of Finance (DOF)’s campaign to expose, and run after, tax cheats in the cigarette industry, in which just an additional P1 billion in unpaid taxes could have been spent to procure medicines and pay for the medical treatment of some 5.7 million indigent Filipinos afflicted with hypertension and diabetes.
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