Categories
Politics

TRABAHO BILL TO BE SCRUTINIZED BY MINORITY — ABANTE

“We in the Minority will work to make sure TRABAHO works.” This was the assurance given by Minority Leader and Manila 6th District Rep. Benny Abante Jr., who in a press briefing said members of the Minority will properly scrutinize the Tax Reform for Attracting Better and High-quality Opportunities (TRABAHO) bill, several versions of which […]

Categories
Politics

DELAY PASSAGE OF TRABAHO BILL IF IT WILL CAUSE WORKER LAYOFFS – VILLANUEVA

Senator Joel Villanueva Chair of the Senate Committee on Labor, Employment, and Human Resources Development said the passage of TRABAHO bill (Tax Reform for Attracting Better and High-quality Opportunities) should be delayed if it would only cause worker layoffs as admitted by the Department of Labor and Employment (DOLE). During the Senate deliberation on the […]

Categories
Politics

TRABAHO BILL SHOULD CREATE JOBS RATHER THAN KILL THEM – ANGARA

Senator Sonny Angara said the Senate committee would not proceed with its deliberation of the TRABAHO bill unless government can present definitive data on the impact on jobs. During a recent senate hearing, Finance Undersecretary Karl Chua insisted that more jobs will be created in the long run under the Tax Reform for Attracting Better […]

Categories
Politics

BOOKS SHOULD BE TAX-FREE – ANGARA

Senator Sonny Angara has assured that his committee will not touch any provision that grants incentives and tax exemptions to the book publishing industry. Under House Bill 8083 or the Tax Reform for Attracting Better and High Quality Opportunities (TRABAHO), Section 12 of Republic Act 8047 or the Book Publishing Industry Development Act of 1994 […]

Categories
Politics

RETAIN OLD TAX INCENTIVE UNDER TRABAHO BILL – GATCHALIAN

Senator Win Gatchalian said he is open to retaining the 5 percent gross income earned (GIE) tax incentive under the Tax Reform for Attracting Better and High-Quality Opportunities (TRABAHO) Bill, the second package of the tax reform program. On the sidelines of the Arangkada Philippines Forum 2018 in Pasay City, Gatchalian said Senate is considering […]