OPAL finds no fiscal impact from proposed Yule bonus tax exemption, PDP lawmaker says.

Rep. Swanny Enit Vargas Laureano By THE STAR STAFF Popular Democratic Party at-large Rep. Swanny Enit Vargas Laureano announced that the Office of Legislative Budget and Analysis (OPAL by its acronym in Spanish) has determined that exempting Christmas bonuses for public and private-sector employees from income tax withholdings would not negatively impact government revenues. Vargas Laureano said OPAL completed a technical and fiscal evaluation of her proposed legislation, which seeks to...

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