^
+ Follow FISCAL INCENTIVES RATIONALIZATION Tag
FISCAL INCENTIVES RATIONALIZATION
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 1305357
                    [Title] => DOF: 1.5% of GDP lost from tax incentives
                    [Summary] => 

The Department of Finance (DOF) on Wednesday said the government lost at least 1.5 percent of gross domestic product in 2011 due to revenue loss from granting income tax holidays, reduced income tax rates and duty to investments.

[DatePublished] => 2014-03-26 14:20:36 [ColumnID] => 0 [Focus] => 0 [AuthorID] => 1422137 [AuthorName] => Jovan Cerda [SectionName] => Business [SectionUrl] => business [URL] => http://media.philstar.com/images/the-philippine-star/business/business-main/20140326/income-tax-incentives.jpg ) [1] => Array ( [ArticleID] => 1302798 [Title] => Gov’t urged to introduce new tax measures or raise taxes [Summary] =>

Albay Governor Joey Sarte Salceda said the government must introduce new tax measures or raise taxes, particularly the value added tax (VAT) to shore up funding for quality infrastructure and social services.

[DatePublished] => 2014-03-20 00:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 837640 [Title] => DOF studies IMF mining tax proposal [Summary] =>

The Department of Finance (DOF) said it would study the proposal of the International Monetary Fund (IMF) seeking the adoption of a seven percent single levy for all mining operations in the Philippines.

[DatePublished] => 2012-08-13 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804708 [AuthorName] => Iris Gonzales [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
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