Some 160 netizens have gone online to express their support for the speedy congressional approval of the proposed Tax Reform for Acceleration and Inclusion (TRAIN) bill that aims to lower…
The Social Security Commission (SSC) has given its full backing to the Comprehensive Tax Reform Program (CTRP) package that the Department of Finance (DOF) wants the Congress to approve to…
Officials of the Departments of Health (DOH), of Education (DepEd), and of Budget and Management (DBM) have appealed to legislators to swiftly approve the first package of the Duterte administration’s…
The House of Representatives is set to start plenary deliberations on the first package of the Duterte administration’s Comprehensive Tax Reform Program (CTRP) that has been co-authored so far by…
Over 200 representatives of nongovernment organizations and other civil society groups have called on the two chambers of the Congress to “swiftly pass” a proposed legislation covering the first package…
The Philippines’ antiquated tax code, which contains 59 lines of exemptions from the Value-Added Tax and 84 special VAT-related laws, have led to massive revenue leakages costing the government an…
The Department of Finance (DOF) welcomed Monday the final approval by the House ways and means committee of the substitute bill containing the first package of the Duterte administration’s Comprehensive…
The non-adjustment of fuel excise taxes for the past two decades has cost the government an estimated P145 billion annually in foregone revenues (in 2016 prices) or about 1 percent…
Implementing only the proposed reductions in personal income tax (PIT) rates without its accompanying reforms in tax policy and administration would torpedo the government's anti-poverty agenda, jack up its debt-servicing…
Finance Undersecretary Karl Kendrick Chua said that “substantial progress” has been achieved in the Comprehensive Tax Reform Program (CTRP) bill now pending in the Congress after the House ways and…
