THE Tax Management Association of the Philippines (TMAP) wrapped up a successful first International Tax Summit with a full day of discussions and conversations on local and international tax issues.
THE Tax Management Association of the Philippines wrapped up a successful first International Tax Summit with a full day of discussions and conversations on local and international tax issues.Speakers from all over the world shared their expertise on different topics.Internal Revenue Commissioner Romeo Lumagui Jr. highlighted the bureau's goal of full digitalization and current initiatives of running after fake transactions and tax evaders.
Supreme Court Senior Associate Justice Marvic Leonen showed why taxation was important in nation-building and why those with more must, naturally, share more. 'We should only strive for what is enough,' he said.Sen. Sherwin Gatchalian informed the audience that the Digital Services Tax was forthcoming, 'Create More' was still being threshed out at the House of Representatives and the tax on single-use plastics was being considered.
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