Marcos Pushes for Tax Relief and Restructuring Amid Calls for Stronger Enforcement
President Marcos is following up on tax relief and restructuring bills, while foreign business groups are advocating for stronger tax enforcement. These efforts aim to improve the country's fiscal landscape and attract investment.
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Marcos follows up on tax relief, restructuring bill
MANILA, Philippines — President Marcos wants Congress to act on a measure that seeks to recalibrate personal income taxes and provide relief to microenterprises, which he highlighted in his State of the Nation Address (Sona). “The president wants the Progress bill to be passed this year, if possible,” Palace press officer Claire Castro said on
By cbuban
Read full article →Foreign biz groups want stronger tax enforcement
Foreign business groups are urging the government to focus on the enforcement of tax and revenue measures and ensure that new fiscal policies promote competitiveness following President Marcos’ push for reforms in his fifth State of the Nation Address on July 27.
By Louella Desiderio
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