House panel ‘ready’ to act on income tax reforms – Quimbo

MANILA, Philippines — The House ways and means committee “stands ready to act” on President Ferdinand Marcos Jr.’s call to pass tax measures, its chairman, Marikina Rep. Miro Quimbo, said on Tuesday.

In a statement, Quimbo said Marcos’ call to recalibrate the country’s income tax regime underscores the administration’s efforts to keep the tax system