The Capital Markets Efficiency Promotion Act

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The story "The Capital Markets Efficiency Promotion Act" was covered 2 weeks ago by Business Mirror, a news publisher based in Philippines.

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The Capital Markets Efficiency Promotion Act - Business Mirror

Quick Summary:

Our government is trying and continuing to develop and improve our system in taxation as the tax system and tax administration play a key role in the attainment of the objectives of easing the doing of business in the country, attracting more foreign investments, increasing revenues, and reducing poverty.

Our tax laws are significantly evolving.

In this year alone, three crucial laws were enacted—Republic Act 11976 (the Ease of Paying Taxes Act or EOPT), RA 12001 (the Real Property Valuation and Assessment Reform Act or RPVARA), and RA 12023 (the law on value-added tax on Digital Services).