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JFC requests Senate action on HB 8942

Foreign chambers in the country have requested for the Senate deliberation on House Bill (HB) 8942 or the proposed Ease of Paying Taxes Act, which might enhance the Philippines' ranking in global doing business index.

Joint Foreign Chambers (JFC) said in a statement released on Wednesday that it recently sent a letter to the Senate Ways and Means Committee requesting that the bill be considered. The proposed law was approved by the House of Representative on third and final reading on September 15 and transmitted to the Senate on the next day.