Senate to Tackle First Tax Reform Proposal; Watered- Down Version Expected

After finally getting passed by the House of Representatives, the tax reform proposal will now go to the Senate where it is expected to encounter further revisions. Ways and Means Committee head Sen. Juan Edgardo Angara has questioned the proposal before, saying that the overall effect would lead to additional burden for the poor. Senate President Pro-tempore Ralph Recto also doubts the administration’s capacity to absorb…

Subscribe via email for complete access to Supreme Consult’s weekly report on political and investment risks in the Philippines.