The Bureau of Internal Revenue (BIR) expressed readiness to execute the tax reform agenda outlined by President Ferdinand R. Marcos Jr. during his 2026 State of the Nation Address (SONA). BIR Commissioner Charlito Martin R. Mendoza said the tax assessment agency is positioning itself to implement...
House Speaker Isabela 6th district Rep. Faustino "Bojie" Dy III and Majority Leader Ilocos Norte 1st district Rep. Sandro Marcos have jointly filed a bill that would turn President Marcos ' tax relief proposal for Filipinos into a reality. Filed on Tuesday, July 28 or a day after President...
President Marcos has appointed former Education Undersecretary Debbie Jean Centeno-Dijamco and former Health Undersecretary Paolo S. Teston as new Associate Justices of the Court of Tax Appeals (CTA), Malacañang said. Centeno-Dijamco and Teston will assist Presiding Justice Ma. Belen M....
Proposed tax reforms are expected to cost the government roughly ₱66 billion in annual revenue as the Marcos administration trades fiscal collection for broader consumer and small-business relief, according to the Department of Finance (DOF). Finance Secretary Frederick D. Go said the package,...
Malacañang said President Marcos carefully studied the administration 's proposed tax reform package and amendments to the Electric Power Industry Reform Act (EPIRA) before announcing them in his fifth State of the Nation Address (SONA), while signaling that the measures could be certified as...
Ranking congressmen believe that President Marcos ' proposed tax reform package presents an opportunity to remove long-standing barriers that prevent inherited properties from being put to productive use. House Committee on Ways and Means Chairman Marikina City 2nd district Rep Miro Quimbo...
Ranking congressmen have expressed their full support for the legislative agenda set by President Marcos in his fifth and penultimate State of the Nation Address (SONA), which coincided with the start of the second regular session. Camarines Sur Reps. Migz Villafuerte (5th distict) and Luigi...
House Committee on Ways and Means Chairman Marikina City 2nd district Rep. Miro Quimbo eyes higher taxes on vape products, sugar-sweetened beverages and single-use plastics to offset the hefty P50-billion revenue loss from President Marcos ' proposed tax relief package for Filipino workers....
President Ferdinand R. Marcos Jr.’s proposed tax measures could put more money into the pockets of Filipino workers and ease the burden on businesses, but the government may have to forgo about ₱53 billion in revenues in 2027 if the proposals are enacted. During his penultimate State of the...
House Committee on Ways and Means Chairman Marikina City 2nd district Rep. Miro Quimbo says he is committed to help President Marcos pursue sweeping tax reforms aimed at easing the burden on Filipino families and businesses, as stated in the latter 's State of the Nation Address (SONA). "We...
The House of Representatives led by Speaker Faustino "Bojie" Dy III is ready to act on President Marcos ' legislative clarion call--particularly on tax relief and the removal of systems loss charge in electricity bills--as laid out in the latter 's fifth and penultimate State of the...
Executive Secretary Ralph Recto perhaps best summed up President Marcos ' fifth State of the Nation Address (SONA): "Tamang timpla. Malaman at hindi bola-bola (Just the right mix. Substantive, not fluff).” In a statement on Monday evening, July 27, Recto said the President delivered "a fair...
