Current status of the Philippines Tax Incentives

Current status of the Philippines’ tax incentives system: “It’s complicated.”   Here in the Philippines, overly generous tax incentives are granted to businesses to the point that costs outweigh benefits.   Every peso granted by the government as a tax incentive is potential revenue that could have been used for health, education, and infrastructure.   … Read more

Get To Know The Comprehensive Tax Reform Program (CTRP)

Get To Know The Comprehensive Tax Reform Program (CTRP) of the Duterte administration.   The Tax Reform is one of the top priorities under the 10-Point Socioeconomic agenda of the Duterte administration. It aims to institute a more progressive tax system, and improve administration.   CTRP Packages   Package 1: TRAIN Tax Reform for Acceleration … Read more

What is the Trabaho Bill?

Trabaho Bill is the tax reform for attracting better and high-quality opportunities or trabaho is the second package of the comprehensive tax reform program CTRP).   TRABAHO aims to lower the Philippines corporate income tax rate and create a fair and accountable incentive system to make the Philippines’ business field more competitive.   At present, … Read more

Philippine Mutual Funds: Some of the Best Ones

So you decided to invest your hard-earned money in Philippine  Mutual Funds. You made the smartest decision of your life. Here are the reasons why? 1. Your money is managed by a professional fund manager who works full time to give you the best possible return on your investment. 2. You need not have to … Read more

Do Not Put All Your Eggs In One Basket

Do not put all your eggs in one basket. You have heard that sentence countless number of times before right? In layman’s term, it simply means that you must not put your hard earned money in just one place. You may be paid your salary through your atm savings account and it serves as the … Read more