Tax cuts to affect economy – Lacson

MANILA, Philippines — The government stands to lose around P200 billion in revenues with the suspension of the excise on value-added taxes (VAT) because of the war in the Middle East, Sen. Panfilo Lacson said in a radio interview on Sunday. “From excise taxes alone, assuming we reach 2027, the impact on foregone revenues would […]... Keep on reading: Tax cuts to affect economy – Lacson

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