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Tax reform, free tuition, among the more than 2,000 measures House...

THE House of Representatives reported a total of 2,100 measures processed — including a proposed tax reform package — during its first and second...

Higher taxes seen to make PSE less competitive

By Arra B. Francia, Reporter FOREIGN INVESTORS may lose their interest in the Philippine Stock Exchange (PSE) once it raises stock transaction taxes (STT) in...

Congress ratifies tax reform bill

The Senate and the House of Representatives ratified the final version of the Tax Reform for Acceleration and Inclusion (TRAIN) bill on Wednesday, Dec.13,...

IMF sees PHL credit rise easing

CREDIT GROWTH in the Philippines may slow next year, an official of the International Monetary Fund (IMF) said, with such deceleration expected to allay...

Budget, tax reform in Senate, ahead of bicam talks

IN WHAT is expected to be at least three weeks left for Congress to pass the priority legislation of President Rodrigo R. Duterte’s administration,...

PHL economy poised to sustain growth momentum

By Melissa Luz T. Lopez, Senior Reporter THE Philippine economy will maintain an above-6% expansion in 2018 supported by “broad-based” growth drivers, a local think...

Senate zeroes in on budget, tax reform

By Arjay L. Balinbin THE SENATE may decide to pass some other priority bills as it expects to pass the 2018 Budget and the Tax...

Funding mass transport projects sought in tax reform measure

SENATOR Grace Poe in a statement on Friday, Nov. 10, proposed that revenues from petroleum excise taxes in the first tranche of the Duterte...

FEF says Senate tax reform bill inadequate for infra program

THE Foundation for Economic Freedom (FEF) said the Senate should review its version of the Tax Reform for Acceleration and Inclusion (TRAIN) bill, the...

Tax reform battle in Congress bares limits of Duterte magic

By Maria Eloisa I. Calderon Editor-At-Large WHEN President Rodrigo R. Duterte handily won the 2016 presidential elections, with that victory came political certainty and control of...

Duterte tax reform spells stimulus for retailers

MAU Dizon, a marketing officer in one of the largest Philippine banks, is among millions of Filipino taxpayers who stand to benefit from President...

Senate targets approval of tax reform bill by November

By Mario M. Banzon THE SENATE hopes to pass on second and third reading the proposed Senate version of the tax reform bill when Congress...

Central bank says tax reform won’t require policy response

THE PHILIPPINES’ plan to overhaul its tax system will have only a modest inflationary impact and will not need a monetary policy response, said...

Senate aims to pass tax reform before adjournment in October

By Mario M. Banzon WITH ONLY two weeks left before Congress adjourns on Oct. 13, the Senate continues this week its daily plenary debate on...

Angara’s TRAIN of deception

Nakakaloko. This is how I would choose to describe Sen. Sonny Angara’s version of the Tax Reform for Acceleration (TRAIN) committee report in the Senate. The...

Tax reform version in Senate up for approval

THE CHAIRPERSON of the Senate ways and means committee endorsed to the plenary on Wednesday, Sept. 20, Senate Bill No. 1592 -- or what...

DoF defers submission of 2nd tax reform package

THE DEPARTMENT of Finance (DoF) will defer submission to Congress of the second of up to five tax reform packages, as it focuses all...

Senate to retain ‘50%-70%’ of DoF tax package

THE SENATE is planning floor deliberations on Sept. 20 on new revenue measures that will partly compensate for dilutions of the original tax reform program proposed...

DoF wary drinks firms may game sugar tax

A SUGAR content-based approach for the proposed drinks tax will allow beverage manufacturers to game the system and avoid paying a higher levy, ultimately...

Senate proposes subsidy to cover GOCCs’ lost VAT exemptions

POISED to lose their exemptions from Value-Added Tax (VAT), Government Owned and Controlled Corporations (GOCC) will be given a subsidy from the P19 billion...

Mondelez calls P10/liter sugar tax ‘unfair’

SNACK COMPANY Mondelez has expressed “serious concerns” about the government’s proposed P10 per liter tax on sugar-sweetened beverages, calling the proposal premature and unfair. “As...

MICC to review mining taxation scheme after Duterte’s SONA targets industry

THE MULTI-AGENCY Mining Industry Coordinating Council (MICC) will study the rationalization of taxation for the mining industry, following President Rodrigo R. Duterte’s threat to...

SONA pushes select bills, warns miners

By Ian Nicolas P. Cigaral Reporter PRESIDENT Rodrigo R. Duterte yesterday asked courts not to block development projects and pressed the Senate to approve the first...

DBM hoping for 2018 budget approval by October

By Elijah Joseph C. Tubayan, Reporter THE Department of Budget and Management (DBM) is optimistic budget legislation for 2018 will be passed by October, alongside the...

Removing VAT exemption on low-cost housing may crimp property market growth

THE residential market may experience a slowdown if the government’s tax reform plan, which removes tax exemptions on sale of low-cost housing, is approved,...

Corporate bond demand seen healthy despite government shift in infrastructure financing

By Krista A. M. Montealegre, National Correspondent APPETITE for corporate bonds will likely be sustained even if the government takes on more debt to fund its...