• Philippine Finance Department to push for priority measures including those imposing taxes on digital service providers and single-use plastics, it says in statement.
  • Also to be prioritized are bills simplifying tax structure on passive income, rationalizing mining fiscal regime, and reforming motor vehicle users’ charge
  • Priority bills to yield 212.9b pesos in revenues through 2028, according to Bloomberg calculation based on estimates provided by Finance Department
  • Tax measures expected to increase total revenues from 15.5% of GDP this year to 16.8% in 2028