Philippines Outgoing Minister to Submit $3 Billion Tax Plan

  • Finance Secretary Purisima to submit tax proposal to successor
  • Proposal could yield as much as $3 billion of revenue a year

Duterte's Economic Challenges: Should Investors Worry?

Outgoing Philippine Finance Secretary Cesar Purisima will submit tax reform recommendations to the administration of newly elected President Rodrigo Duterte that he says could yield as much as $3 billion of revenue annually, enough to wipe out the budget deficit last year.

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