Rappler's latest stories on tax reform in the Philippines
Senate ways and means committee chairperson Pia Cayetano plays coy on the bill seeking to change the current fiscal incentives regime, but quips that like love, 'wala ring forever'
A total of 170 members of the House of Representatives vote in favor of the Duterte administration's 2nd tax reform package
Many other things could make or break our country’s attractiveness to investors. Citira's stricter investment incentives may be the least of our worries.
The House of Representatives approves the Corporate Income Tax and Incentive Rationalization Act (Citira) on 2nd reading
PEZA Director General Charito Plaza says the current incentives are already 'globally competitive' and could help the Philippines attract investors as companies avoid the US-China trade war
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
Tax expert Mon Abrea says the Department of Finance should be open to lowering corporate income tax without rationalizing fiscal incentives
Finance Assistant Secretary Tony Lambino says the Trabaho bill would convince more firms to expand due to additional incentives, contrary to views of business groups
(3rd UPDATE) President Rodrigo Duterte is implementing this in a bid to ease inflation and 'allow the public to manage their finances better'
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 talks to Chito Zaldarriaga, president of the Philippine Ecozones Association, about their take on the Duterte administration's second tax reform package
'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
(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
Speaker Gloria Macapagal Arroyo herself is present at the plenary to ensure the approval of the tax reform measure
'The tax reform measures being put forth will reverse the progress...attained thus far,' says the Philippine Ecozones Association
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
Rappler talks to tax expert Mon Abrea about the opportunities and threats under the Tax Reform for Acceleration and Inclusion law
Senator Paolo Benigno Aquino IV says those who need subsidy exceed the 10 million projected under the budget department
Finance Undersecretary Karl Kendrick Chua says the government would lose P62 billion in revenue upon the implementation of the proposal in 2021
Finance Undersecretary Karl Kendrick Chua says underperforming private schools are very profitable and enjoy tax perks
Economic managers aim to cut corporate taxes and push for a simpler fiscal incentive scheme, so what's stopping them? Two Goliaths: politics and money.
'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.'
The Asian Development Bank retains its forecast of 6.5% GDP growth for 2017 and 6.7% for 2018, while noting that infrastructure investment and receding inflation will fuel the economy
A P3 increase in diesel prices may lead to a P0 52 increase in minimum fare in jeepneys mostly used by wage earners
Senator Paolo Benigno Aquino IV s Senate Bill No 169 seeks to stimulate growth of small businesses while Senator Juan Edgardo Angara s Senate Bill No 308 aims to protect taxpayers rights