MANILA, Philippines – The proposed measure seeking to simplify and rationalize the fiscal regime for large-scale mining is set to become law as it has been submitted for President Marcos’ signature. A transmittal letter obtained by the Inquirer showed that the House of Representatives sent a copy of the consolidated version of House Bill No. 8937 and Senate Bill No. 2826 to President Marcos on July 31. According to the Department of Finance, the reform measure delivers a long-overdue update to the outdated tax structure governing the mining sector. It simplifies the fiscal system, guarantees the government’s fair share of […]... Keep on reading: New fiscal regime for large-scale mining set