QUEZON City, Philippines – The Department of Finance (DOF) is leaning towards a more effective collection of tax than implementing a proposed tax increase in order to increase the revenue collection of the government. The DOF is also reluctant to increase the value-added tax following the declaration of President Rodrigo Duterte to reduce the personal and corporate income tax.
(Eagle News Service Described by Jay Paul Carlos, Video Editing by Jericho Morales, Uploaded by MRFaith Bonalos)