Rappler's latest stories on Philippine tax reform
PEZA asks Senate to delay Citira passage amid coronavirus crisis
With the coronavirus crisis, Philippine Economic Zone Authority chief Charito Plaza finds an opening to appeal against the Citira bill anew
Bill lowering corporate tax moves to Senate plenary
The Department of Finance hopes Citira will hurdle the Senate before Congress goes on break by March 14
House passes Citira bill on 3rd reading
A total of 170 members of the House of Representatives vote in favor of the Duterte administration's 2nd tax reform package
2nd tax reform package renamed Citira, hurdles 2nd reading in House
The House of Representatives approves the Corporate Income Tax and Incentive Rationalization Act (Citira) on 2nd reading
House panel OKs Trabaho bill
House committee on ways and means chair Joey Salceda is expected to sponsor the Trabaho bill for 2nd reading on the same day his panel approves it
Oil price hike on January 8 not due to Train Law – DOE
Oil companies will hike diesel prices by P0.70 per liter and gasoline by P0.80 per liter amid price movements in the global market
#AskTheTaxWhiz: New interest penalties under TRAIN law
The Philippine Tax Whiz discusses the new rules on interest penalty under the Tax Reform for Acceleration and Inclusion law
#AskTheTaxWhiz: What are deductions, exemptions from gross income?
The Philippine Tax Whiz discusses the changes to allowable deductions under the Tax Reform for Acceleration and Inclusion law
#AskTheTaxWhiz: What are the new alphanumeric tax codes under TRAIN?
The Philippine Tax Whiz consolidates all the new alphanumeric tax codes (ATCs) under the Tax Reform for Acceleration and Inclusion law
#AskTheTaxWhiz: How the TRAIN law affects documentary stamp tax
The Philippine Tax Whiz discusses the changes in documentary stamp tax rates under the Tax Reform for Acceleration and Inclusion law
Senators' election plans bog down Trabaho bill – think tank
The Action for Economic Reforms says Senator Sonny Angara can pass on the Trabaho bill to other lawmakers if he fears the measure will hurt his reelection bid
Rappler Talk: Dissecting the Trabaho bill
Rappler talks to Chito Zaldarriaga, president of the Philippine Ecozones Association, about their take on the Duterte administration's second tax reform package
#AskTheTaxWhiz: What does the Trabaho bill offer?
The Philippine Tax Whiz discusses the impact of the Trabaho bill to ordinary taxpayers
Foreign chambers on Trabaho bill: 'Leave PEZA alone'
'We are advocating for the continued operation of PEZA as it is now. And also making sure that rationalizing our incentives [that] it is still competitive with the rest of the region,' a business group executive says
House approves Trabaho bill on 3rd reading
(UPDATED) But opposition lawmakers vote no to the Tax Reform for Attracting Better and Higher Quality Opportunities bill, arguing it would lead to job losses
House approves Trabaho bill on 2nd reading
Speaker Gloria Macapagal Arroyo herself is present at the plenary to ensure the approval of the tax reform measure
[OPINION] Tax carbon emitters, use new revenue for health care
Will our lawmakers seize this golden opportunity or will they resign us to a future of unintended consequences?
Job losses 'very minimal' under Trabaho bill – DOF
Finance Undersecretary Karl Kendrick Chua says over 97,000 small and medium enterprises can expand their businesses and generate more jobs due to lower taxes
LIVE: Senate hearing on TRAIN law's impact on inflation
Watch the hearing live on Thursday, August 16
Expand Train law subsidies for poor in 2019 budget
Senator Paolo Benigno Aquino IV says those who need subsidy exceed the 10 million projected under the budget department
Private hospitals warn TRAIN 2 will jack up medical bills
The Private Hospitals Association of the Philippines also says cutting corporate tax incentives would lead to the closure of some hospitals
#AskTheTaxWhiz: Planning to buy a car?
The Philippine Tax Whiz explains the impact of the Tax Reform for Acceleration and Inclusion (TRAIN) law on the prices of automobiles
#AskTheTaxWhiz: Social mitigating measures of tax reform law
The Philippine Tax Whiz lets us know about provisions in the TRAIN law meant to help the poorest of the population
[EDITORIAL] #AnimatED: The bad joke that is Benjamin Diokno
Step down from your ivory tower and embrace reality – the reality of the shrinking peso, in the truest meaning of the word
[OPINION] Higher inflation: Is TRAIN to blame? (Part 1)
In these tough times, government officials must be wary of populist policies that could make matters worse. They should also avoid making callous remarks that tend to belittle the poor and add insult to their economic injury.
Calida defends tax reform: Poor 'shielded' by gov't cash handouts
Bayan Muna Representative Carlos Zarate says Solicitor General Jose Calida's argument is 'deceptive and misleading'
[EDITORIAL] #AnimatED: Unti-unti, sinasakal na si Juan ng bagong buwis
Nang naupo si Rodrigo Duterte bilang pangulo, nasa 2% lamang ang inflation rate – ngayon, 19 buwan pa lamang ang nakalilipas, halos sagad na ito sa target ng gobyerno na 4%
Senate committee to probe new threat vs BPO sector
This comes after a Malacañang veto effectively raised the cost of doing business in the Philippines, says Senator Paolo Benigno Aquino IV
With carbon pricing, Train Law can help reduce pollution
Historically, when we burn coal or use petroleum products, we generally do not pay for the actual price of the carbon emissions brought about by these fossil fuels
Tax calculator: Compute your new income tax
Here's a step-by-step guide to compute for your new income tax under the tax reform law
#ThewRap: Things you need to know, January 15, 2018
Hello! Here are the stories you shouldn't miss this Monday.
Tax reform law seen to put brakes on PH's auto sales growth in 2018
With most mass market vehicles costing more because of the tax reform law, the Chamber of Automotive Manufacturers of the Philippines Incorporated (CAMPI) projects flat growth in sales this 2018
Makabayan bloc asks SC to strike down tax reform law
(UPDATED) Leftist lawmakers argue that the House had no quorum and did not call a vote when it ratified the joint bicameral conference report on the Train bill
[OPINION] Without enough transfers, tax reform law will hurt the poor
'All in all, the first package of TRAIN was an opportunity to correct many problems that have long ailed our tax system. While a step in the right direction, many of TRAIN’s well-meaning provisions got watered down by politicians.'
Labor union eyes wage hike petition amid TRAIN effects on prices
The Associated Labor Unions-Trade Union Congress of the Philippines says it would seek a nationwide wage increase if the tax reform law triggers 'exorbitant' inflation
Diokno not alarmed over funding for Build, Build, Build
Some economists are concerned that less revenues from the proposed tax reform package could jeopardize the Duterte administration's P8-trillion infrastructure program
LIVE: Senate hearing on tax reform, 10 August 2017
Watch the hearing live on Rappler
P1 billion aligned for poor families to be hit by proposed tax reform – DSWD
This will be given in cash to 10 million poor households once the tax reform proposal is signed into law
How will the proposed tax reform package affect Filipinos?
Take a look at how the Duterte administration s proposed tax reform package will affect your take home pay and the prices of commodities
Duterte admin's tax reform package a 'big mistake' – labor coalition
ALU TUCP says the tax reform package just passed by the House is not uplifting because those who are already poor workers would become even poorer
Ex-DOF, NEDA chiefs back Duterte tax reform plan
19 former heads and deputy chiefs of the Department of Finance and the National Economic and Development Authority say the comprehensive tax reform plan would correct the structural weaknesses of the system
DOF tax reform proposal ‘anti-poor’ – lawmakers
Speaker Pantaleon Alvarez also calls out the DOF for failing to include specific proposals to make tax collection more efficient
DOF submits first package of tax reforms to Congress
The first of 4 packages to be submitted includes the restructuring of personal income tax reducing the coverage of VAT exemptions and raising fuel excise tax
Purisima: Enough fiscal space for more infra, social services spending
The outgoing finance chief expresses confidence in the incoming economic team whose members he says have the experience and expertise to navigate a fiscally sustainable path in today s lending environment
