New taxes ‘last resort’ — Recto

THE Finance department may not introduce any new tax proposals under the Marcos administration, but will instead focus on improving tax collection efficiency, its top official said. “It is incumbent upon this administration that its last resort should always be to increase taxes,” Finance Secretary Ralph G. Recto told reporters in mixed English and Filipino […]

New taxes ‘last resort’ — Recto
THE Finance department may not introduce any new tax proposals under the Marcos administration, but will instead focus on improving tax collection efficiency, its top official said. “It is incumbent upon this administration that its last resort should always be to increase taxes,” Finance Secretary Ralph G. Recto told reporters in mixed English and Filipino […]