PUBLIC HEARING ON TAX REFORMS AT THE SENATE

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PAGASA’s STC was invited as a resource person to the Senate Committee on Ways and Means’ public hearing on tax reform and to listen to the Dept. of Finance’s proposals in lowering the personal income tax and consumption tax with offsetting measures.  Attending the hearing were Committee Chairman Sen. Juan Edgardo “Sonny” M. Angara and Senators Sherwin Gatchalian, Miguel Zubiri, J.V. Ejercito and Nancy Binay.  Representing the DOF were Usec. Karl Kendrick T. Chua defending the department’s proposals with BIR Commissioner Caesar R. Dulay and Dep. Comm. Nestor Valeriano and BOC Officials. Discussions will ensue after this initial hearing. The Senate Hall was filled to the rim for this hearing on 31 January 2017.

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