Malacañang on Wednesday defended proposed 12.32 percent increase in the budget of the Office of the President (OP) for 2019, citing the rising inflation brought by the Tax Reform for Accelaration and Inclusion (TRAIN) Law.
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Vanity will not come cheap in the Philippines, after senators agreed Monday on a 10-percent tax on "non-essential" cosmetic procedures and surgeries.
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The Senate junked the imposition of additional taxes on cosmetic surgeries in its version of the bill carrying the first tax reform package of the Duterte administration.
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Sen. Sonny Angara said Thursday a number of senators were sill not convinced that President Rodrigo Duterte 's Tax Reform for Acceleration and Inclusion (TRAIN) would not hurt the poor with its plan to raise taxes on vehicles, il and sugar.…
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The Senate ways and means committee will prioritize the estate tax reform proposal of the Duterte administration, “by lightening the tax burden on a deceased’s assets in order to lighten the grief of the heirs".