Wednesday, May 20, 2026
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Tag: Tax reform package

‘Ultra-rich’ to be taxed 35%

The ‘ultra-rich’ or those earning P5 million or more annually will be taxed 35 percent of their income under the proposed tax reform package,...

Targeted subsidy

The Finance Department said Monday the low-income group will be safeguarded from any additional tax burden brought about by the proposed tax reform package. Finance...

Dominguez rejects tax reform package

Incoming finance secretary Carlos Dominguez called the Finance Department’s Comprehensive Tax Reform Program a “joke.” Dominguez told reporters in a media round table discussion Finance...
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