TAG: Tax
Underpinning President Rodrigo Duterte’s 2016 campaign was a pledge to pursue constitutional change in the form of a federal political system. This issue is quite divisive, and it remains unclear whether lawmakers will enact constitutional change. However, a plurality (43%) of CEOs who participated in the latest OBG Business Barometer: Philippines CEO Survey say a switch to a federal system or the empowerment of local government units would be advantageous or very advantageous to the country’s economic development, against 40% who think this would be disadvantageous or very disadvantageous.
Before his election to the highest office in the land in mid-2016, President Rodrigo Duterte presented himself as an agent of change, the political outsider based in marginalised Mindanao who would shake up a political system historically dominated by powerful family dynasties.
In a land of great diversity and culture, Argentina seeks to unlock the potential of its natural resources