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Marcos signs ease of paying taxes law
The Philippine Star
|January 08, 2024
President Marcos signed on Friday Republic Act 11976, also known as the Ease of Paying Taxes Act, to further improve revenue collection and protect taxpayers’ rights through digitalization.
According to Presidential Communications Office Secretary Cheloy Garafil, the law will modernize and increase the efficiency of tax administration, strengthen taxpayer rights and allow the government to capture as many taxpayers as possible into the tax net by streamlining the system and minimizing the burden on taxpayers.
“The newly signed Ease of Paying Taxes law supports the administration’s 8-Point Socioeconomic Agenda through the collection of more taxes to enhance economic and social development,” Garafil said in a statement yesterday.
Ease of Paying Taxes was among the priority measures mentioned by Marcos during his State of the Nation Address in 2022 and 2023.
यह कहानी The Philippine Star के January 08, 2024 संस्करण से ली गई है।
हजारों चुनिंदा प्रीमियम कहानियों और 10,000 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।
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