Philippines May Decide on Public Float Rule, Taxes By Dec. 15

The Philippines’ Bureau of Internal Revenue may issue a decision on companies’ minimum public ownership and corresponding taxes by Dec. 15, Commissioner Kim Henares told reporters today in Manila.

The tax agency plans to implement the decision in January, Henares said.

To contact the reporter on this story: Max Estayo in Manila at

To contact the editor responsible for this story: Cecilia Yap at

Press spacebar to pause and continue. Press esc to stop.

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.