CIT
Duterte gov’t giving up Php667-B in potential COVID response funds to boost corporate profits
May 20, 2020
At a time when funds are urgent for the huge COVID-19 response needed, research group IBON said that the Duterte administration is giving up Php667 billion in revenues to boost the profits of the country’s largest corporations.
Suspend rate hike, scrap CA with water firms, govt told
October 24, 2018
The Water for the People Network (WPN) said that government should not accede to the ruling of an international arbitral court granting the Maynilad Water Systems, Inc. petition to collect its corporate income tax (CIT) from consumers. The water rights group agreed that any impending water rate increase amid the ongoing dispute on pass-on CIT […]
