Easy tax payment system will attract investments—senator

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SENATOR Sherwin Gatchalian says the enactment of the proposed Ease of Paying Taxes Act is expected to drive foreign direct investments and enhance the country’s competitiveness as an investment destination.

The chairman of the Senate ways and means committee noted that digitalization is the most important facet of the bill. “We have a bad habit in the country that with every change of administration, there is a change of plan, a change in roadmap, a change in projects. More often than not, this derails the implementation process because they completely change the system, the vendor, or the supplier that derails the project,” Gatchalian said.

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MlaStandard /  🏆 20. in PH

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