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(Eagle News) — The Senate on Thursday, Dec. 13, ratified the bicameral conference committee report that gives those who have tax obligations for taxable year 2017 and prior years the opportunity to settle them. “This is but another step in the long quest toward an efficient and equitable tax system,” Senator Sonny Angara, chairman of the Senate ways and means committee, said. Under the measure, if passed into law, taxpayers will be given the option to […]
(Eagle News) — The Senate has approved on second reading a measure that would grant tax amnesty to those who failed to pay internal tax revenues for taxable year 2017 and the years before that. Majority Leader Juan Miguel Zubiri said the Senate would pass the bill on third reading by Monday next week. The House of Representatives, meanwhile, passed its version of the bill at the committee level. “I’m confident that this measure will pass […]
