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                    [Title] => MBC asks Makati to defer tax hike
                    [Summary] => The Makati Business Club (MBC) has called on the deferment of Makati City’s proposed tax hikes in anticipation of the implementation of the expanded value-added tax (EVAT) law. 


In a position paper, the MBC said "the anticipated implementation of the EVAT law will already increase VAT coverage for all businesses as well as subject them to a new corporate income tax rate of 35 percent, up from the current 32 percent." 


                    [DatePublished] => 2005-09-24 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096364
                    [AuthorName] => Donnabelle L. Gatdula
                    [SectionName] => Business
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COMEMBO AND BANGKAL

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                    [ArticleID] => 298296
                    [Title] => MBC asks Makati to defer tax hike
                    [Summary] => The Makati Business Club (MBC) has called on the deferment of Makati City’s proposed tax hikes in anticipation of the implementation of the expanded value-added tax (EVAT) law. 


In a position paper, the MBC said "the anticipated implementation of the EVAT law will already increase VAT coverage for all businesses as well as subject them to a new corporate income tax rate of 35 percent, up from the current 32 percent." 


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abtest

MBC asks Makati to defer tax hike

By Donnabelle L. Gatdula | September 24, 2005 - 12:00am

The Makati Business Club (MBC) has called on the deferment of Makati City’s proposed tax hikes in anticipation of the implementation of the expanded value-added tax (EVAT) law. In a position paper, the MBC...

Business