Corporate income tax reduced to 25% in July pushed

[ad_1] The Philippines’ corporate income tax rate, the highest of 30 percent for ASEAN (Association of Southeast Asian Nations), may drop to 25 percent during a one-time reduction planned in July if Congress will hear the economic team speech contained in their proposed COVID-19 recovery program. Called the Philippine Program …

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Gálvez clarifies editorial, report‍ on PPE purchase for P20B

[ad_1] The lead executor of the national action plan on the new coronavirus disease (NAP COVID-19) said Wednesday night that the government intended to buy 11 million, not 3 million, of complete personal protective equipment (PPE) with the P20 billion reserved. for purchase. In a statement, NAP COVID-19 chief executor …

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Video: Philippines takes direct hit from Typhoon Vongfong

[ad_1] Thousands of homes are without electricity in provinces that suffered direct damage, as the country still faces the effects of the coronavirus pandemic Image credit: Twitter / Screenshot Highlight Northern Samar and the Bicol region take a direct hit Typhoon, equivalent to Hurricane Category 4, brings gusts of up …

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