A new tax reform bill is being pushed at the House of representatives to further lower the personal income tax of Filipinos. Estimates presented during the hearing suggest that removing the travel tax could generate around PHP 22 billion in additional economic activity, which proponents say could offset the revenue currently collected through the levy. Read more in our articles including "New Tax Bill pushing for 20% cap; free for Php400k and below" and "House committee approves bill abolishing travel tax".
A new tax reform bill is being pushed at the House of representatives to further…
Jul 14, 2022
The House Committee on Ways and Means has approved a proposal seeking to abolish the…
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Jun 24, 2026A new tax reform bill is being pushed at the House of representatives to further lower the personal income tax of Filipinos. Estimates presented during the hearing suggest that removing the travel tax could generate around PHP 22 billion in additional economic activity, which proponents say could offset the revenue currently collected through the levy.
Our coverage of tax bill 2022 includes: "New Tax Bill pushing for 20% cap; free for Php400k and below"; "House committee approves bill abolishing travel tax"; "Davao taxis now accept fare payments via on-board ATM". Each article provides unique insights and information.
Our article "New Tax Bill pushing for 20% cap; free for Php400k and below" published on July 14, 2022 covers the latest information about tax bill 2022. Check it out for the most current details.