'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