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Bill making it easier to pay taxes gets final House nod

Bill making it easier to pay taxes gets final House nod
philippinetimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from philippinetimes.com Daily Mail and Mail on Sunday newspapers.

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House approves ease of paying taxes bill

House approves ease of paying taxes bill
bworldonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bworldonline.com Daily Mail and Mail on Sunday newspapers.

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Economic bills move to front burner in Senate

Economic bills move to front burner in Senate
bworldonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bworldonline.com Daily Mail and Mail on Sunday newspapers.

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House tax panel girds for 'painful' showdown on military pensions

BusinessWorld
May 16, 2021 | 7:59 pm
PHILSTAR
THE HOUSE Committee on Ways and Means said its priorities on resuming session Monday include grappling with out-of-control pension liabilities for military and uniformed personnel (MUP).
In a statement Saturday, Committee Chairman Jose Ma. Clemente S. Salceda said: âMUP pension reform will be painful but crucial. Itâs some pain now or very big pain in the future. The unfunded pension liabilities, according to the GSIS, amount to some P9.6 trillion based on 2019 data. Itâs a serious threat to our economic prospects in the long term.â
Pension reform proposals are contained in House Bill No. 9271, or the Fiscal Framework for Military and Uniformed Personnel (MUP) Pensions. ....

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House panel sets eyes on key tax measures on resumption of sessions next week

House of Representatives (MANILA BULLETIN File photo/Alvin Kasiban)
These are the effective implementation of the Corporate Recovery and Tax Incentives for Enterprises Act (CREATE); a fiscally sustainable framework for military pensions; and a bevy of tax administration and enforcement measures, Salceda, the House panel’s chairman, said.
“We are trying to avoid new taxes, unless they are for sectors that won’t get hurt by taxes, like POGO (Philippine Offshore Gaming Operators) or e-sabong. Our focus now is really to secure the legacy of President Duterte’s tax reforms and to work on what we still can with the final year,” Salceda said in a statement. ....

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