Karl Kendrick Chua news and updates

Rappler's latest stories on Karl Kendrick Chua

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Job losses 'very minimal' under Trabaho bill – DOF

Aug 22, 2018 - 1:45 PM

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

JOBS. Finance Undersecretary Karl Kendrick Chua says lowering of corporate income taxes mean more jobs. Photo by Toto Lozano/Presidential Photo


Duterte gov't eyes taxes on coal

Aug 10, 2017 - 2:53 PM

As senators express concern about effects of higher fuel prices on basic commodities they ask the Department of Finance: Why not prioritize taxes on coal the dirtiest fuel instead of petroleum products?

COAL-FIRED POWERPLANT. The Duterte administration seeks to increase taxes on coal, considered the 'dirtiest' but cheapest power source. File photo

National ID system budget sought despite bill still on hold

Jul 05, 2017 - 7:12 PM

The bill still needs to undergo second and third readings and would need its passage in the Senate then the nod of the President

NATIONAL ID. The national identification system will help in getting rid of red tape as it consolidates differing identification systems of the government.

Is the PUV modernization program 'anti-poor?'

Jun 25, 2017 - 9:26 AM

With the benefits the proposed jeepney modernization program promises the government says it is not anti poor – it even is pro poor they say

REPLACED SOON. Despite it being overused, the jeepney has remained a cultural icon for the Philippines. Photo by Pat Nabong/Rappler

Gov't backtracks, keeps tax-free 13th month pay in new proposal

Jan 31, 2017 - 3:20 PM

Under the new Department of Finance proposal people earning P250 000 and below a year will no longer be taxed in addition to the P82 000 ceiling of 13th month pay

'No tax reform, no infrastructure' – DOF

Jan 27, 2017 - 6:30 PM

The Duterte administration s proposed tax reform package could lead to an additional P168 billion in funds for key infrastructure projects says the Department of Finance

CLOSING INFRASTRUCTURE GAP. The Duterte administration seeks to increase infrastructure spending to 7% of GDP. File photo by Agence France-Presse

Rich, not poor, to bear brunt of oil, automobile tax – DOF

Jan 27, 2017 - 4:40 PM

The government s proposed tax reform package is designed to be equitable such that the rich pay more and the poor pay less says Finance Undersecretary Karl Kendrick Chua

DOF eyes higher VAT exemption threshold as 'safety net for the poor'

Oct 26, 2016 - 9:40 PM

The Department of Finance also defends measures criticized as anti poor – the proposed higher fuel excise tax and the planned removal of certain VAT exemptions

World Bank: Broaden base, simplify taxes to boost revenues

Aug 08, 2014 - 1:28 PM

The multilateral agency also urges the government to rationalize fiscal incentives ahead of the 2015 ASEAN integration

Can Philippine economy sail through global storm?

Feb 24, 2012 - 12:05 AM

The World Bank Manila Office advised the Philippines and other countries in East Asia to prepare for the worst in the face of strong headwinds from the global environment