Tuesday 14 August 2018
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4 months ago

DOF, Peza clash over second tax reform package

Contrary to the Philippine Economic Zone Authority s claims that the proposed second tax reform package would invalidate existing government contracts with investors, hence is unconstitutional, the Department of Finance clarifiedMondaythat deserving businesses will continue to enjoy fiscal perks under the new corporate income tax regime. In a statement, Finance Assistant Secretary and spokesperson Paola Alvarez said that the second tax package seeks to lower the corporate income tax paid by some 95 per

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