Marikina 2nd District Rep. Miro Quimbo, chairperson of the committee on ways and means, explained Friday the difference ...

Republican state Rep. Jay Dean of Longview recently proposed a bill to replace school maintenance and operations property taxes with a value-added tax. The news might sound like music to the ears of ...

This paper examines the efficiency of the Value Added Tax (VAT), focusing on its role as a revenue-raising tool and its use to achieve non-revenue objectives. The analysis highlights the VAT's ...

CEBU, Philippines - Tax expert Raymond Abrea says there's definitely no need to hike value-added tax, this as the government expressed intent to tweak the VAT to offset the amounts expected to be ...