VATupdate

Share this post on

‘Govt Must Improve Revenue Collection’

SEN. Francis Joseph “Chiz” Escudero on Monday said the government should prioritize the improvement of revenue collection and anti-corruption campaigns over plans to raise taxes.

The President had asked Congress to pass new taxes such as an excise tax on single-use plastics, expand the value-added tax (VAT) on digital services, rationalize the mining fiscal regime, and raise the Motor vehicle user’s charge or road user’s tax.

Source: www.manilatimes.net

Sponsors:

Advertisements: