Tax

This chapter examines the tax system of the Philippines, focusing primarily on those stemming from AmBisyon Natin 2040. This includes: The Tax Reform for Acceleration and Inclusion bill; The Tax Reform for Attracting Better and High-Quality Opportunities bill; the Green Jobs Act; The Tax Amnesties Act; and The Tax Amnesty of Delinquencies. This chapter also outlines which processes can now be completed electronically on the Bureau of Internal Revenue’s digital services platform, as well as which operations are streamlined under the Ease of Doing Business Act. This chapter also contains an interview with Protacio T Tacandong, COO, Reyes Tacandong & Co.