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MANILA, Philippines — Malacañang on Thursday defended the Department of Finance (DOF) for pushing a new revenue regulation that would effectively increase the income tax rate to be imposed on private schools. The DOF has supported the…
CEBU CITY, Philippines — The Cebu Chamber of Commerce and Industry (CCCI) welcomed the plans of the national government to reduce corporate income tax starting June. In a statement signed by its president, Felix Taguiam, the CCCI…
THE Department of Finance (DOF) on Tuesday reiterated its push for a staggered and conditional reduction in corporate income tax rates under the proposed second tax reform package as the government cannot stand to lose more revenues…
Minority leader Danilo Suarez on Wednesday said the minority bloc would support the move to remove income tax for earners of P30,000 and below although it would cost the government some P27 billion in revenue loss. But…
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