The Philippine Chamber of Commerce and Industry and the Finance Department, with the support of the USAID’s Facilitating Public Investments Project, will hold a series of information campaign on Package 2 of the Comprehensive Tax Reform Program, which covers corporate income tax and rationalization of the fiscal Incentives.
The tax reform roadshow is part of the Open Government and Participatory Governance Regional Dialogues initiated by the Participatory Governance Cluster led by the Budget Department and the Interior and Local Government Department, which will run from January to March 2018.
Chamber president Ma. Alegria Limjoco said the initiative was a platform to solicit and generate business sentiments and positions on the proposed tax measure.
“We thank the DoF and the USAID-FPI for getting PCCI again as their partner in rolling out this campaign. We fully recognize the efforts of government to raise revenue to support its infrastructure projects and we hope that the proposed measure, once passed into law would be beneficial for everyone,” she said.