Tax revenues to hit P187B in 2020

STATE REVENUES from the government’s tax reform measures are projected to reach P187.1 billion next year, a senior official of the Department of Finance (DoF) said on Thursday.

“Revenues attributable to the comprehensive tax reform program (CTRP) are projected to contribute an additional P187.1 billion next year,” Finance Undersecretary Gil Beltran told lawmakers during the