THE SENATE Ways and Means Committee on Wednesday deliberated on proposals to ease the payment of taxes, including the creation of new classifications for small taxpayers and adopting different online payment platforms. “The measures aim to simplify the lives of our taxpayers, make it convenient, and enable them to use cutting-edge technologies as means of […]
Tag: paying
Bill on ease of paying taxes hurdles House committee
A MEASURE seeking to ease the process of paying taxes has been passed at the House Committee on Ways and Means. At a hearing on Wednesday, the committee approved a substitute bill consolidating House Bills (HB) 53 and 2823. The measure hopes to modernize tax administration as a means of improving taxpayer compliance, specifically by […]
Foreign chambers back ease of paying tax bill
THE Joint Foreign Chambers of the Philippines (JFC) said Wednesday that the Senate should immediately tackle the Ease of Paying Taxes bill, noting that government needs to find creative ways to collect revenue to fund its pandemic response. The House of Representatives on Sept. 15 approved on third and final reading House Bill No. 8942 […]
House approves ease of paying taxes bill on 2nd reading
HOUSE LEGISLATORS approved a measure on second reading Monday that would ease the process of filing taxes in order to encourage taxpayers to pay their dues. House Bill 8942 or the Ease of Paying Taxes Act seeks to simplify rules and processes in filing and paying taxes, such as removing venue restrictions and introducing a medium taxpayer classification. The measure would also remove the […]