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House panel OKs bill lowering corporate tax, fixing incentives for businesses

Credit to Author: jespinosa| Date: Wed, 14 Aug 2019 06:56:28 +0000

House panel OKs bill on liquor tax hike

MANILA, Philippines — The House ways and means committee approved Wednesday the second tranche of the Duterte administration’s comprehensive tax reform program which seeks to cut the corporate income tax (CIT) rate and rationalize incentives for businesses.  Voting 27-2, the panel approved House Bill No. 313 of committee chair and Albay 2nd District Rep. Joey […]

The post House panel OKs bill lowering corporate tax, fixing incentives for businesses appeared first on Inquirer News.

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