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Yellow Pad: Slowing down TRAIN

Yellow Pad By Madeleine Joy Aloria   The Tax Reform for Acceleration and Inclusion (TRAIN) is envisioned as a long-term reform program. It aims to generate revenues to finance AmBisyon Natin 2040, which expresses the aspirations of the people for the next 25 years. It fixes the systemic flaws in the tax system and simplifies […]

Mighty’s might Yellow Pad By Filomeno S. Sta. Ana III   BOC/DOF via PHILSTAR   A most disturbing development that will affect revenue collection and even the credibility of the tax reform is the Department of Justice’s (DoJ) dismissal of the tax evasion cases against Mighty Corp. The DoJ justifies the dismissal in light of the […]

Fifty years of Pag-asa proves there is hope for Philippine industry

PAG-ASA MEANS hope. Pag-asa, the proper noun, symbolizes hope for the revival of Philippine manufacturing and hope for all-round national development. That proper noun is also Pag-asa Steel, which celebrates its golden anniversary on Dec 18. In 1964, a period that marked the take-off of Philippine manufacturing, an enterprising, persevering Tsinoy named Francisco Tong founded Pag-asaSteel. Rare is the Filipino company engaged […]

A critique of the UA&P studies on tax reform

Yellow Pad By Madeiline Aloria and Joshua Uyheng   With House Bill 5636 or the Tax Reform for Acceleration and Inclusion (TRAIN) well underway at the Senate Committee on Ways and Means, it is crucial to take stock of the studied and evidence that have been presented to lawmakers, and scrutinize their relevance in light […]