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TRABAHO: Setting free an urgent reform

Yellow Pad By Jenina Joy Chavez   The House of Representatives passed the Tax Reform for Attracting Better and High-Quality Opportunities or TRABAHO Bill in early September. The first major component of TRABAHO is the reduction of the corporate income tax (CIT) rate to 20% over a period of nine years, starting 2021. The Philippines […]

Low-carbon path

Yellow Pad By Roberto Verzola   A previous piece showed that our greenhouse gas reduction commitment to the Paris climate treaty meant a gradual 2.02% annual reduction in fossil-based electricity generation, for a total reduction of 23.3% by 2030 compared to 2017 levels. The annual reduction required by this low-carbon path is only half the […]

Low-cost housing for the rich

Yellow Pad By Madeiline Joy Aloria   The Housing and Urban Development Coordinating Council (HUDCC) estimates that the country’s total housing backlog will accumulate to 3.6 million units by the end of 2018. For some politicians, addressing this long-existing problem means giving the most generous tax and non-tax perks to real estate developers. This is […]

PRESS RELEASE: Senate urged to oppose low tobacco tax rate in bicam bill

PRESS RELEASE 12 December 2017   Senators urged to oppose low tobacco tax rate in bicam bill   “We appeal to our pro-health senators to reject the tobacco tax provision in the tax reform bicameral report because the very low rate of increase falls short of the health goals, specifically its inadequacy to generate revenue […]