Sotto eyes lower corporate income taxes with 'TRAIN 2'

ABS-CBN News

Posted at Aug 03 2018 12:09 AM

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Lowering of corporate income taxes and the rationalization of fiscal incentives takes a step closer to reality after Senate President Tito Sotto makes good on his promise of filing his version of the measure. The House also approved in principle the chamber's counterpart bill. Lawmakers, however, still want to ensure the measure won't further stoke inflation. - Business Nightly, ANC, August 2, 2018