TAXES are an integral part of nation-building. Their pivotal role is to spur the nation towards progress and enable the government to deliver essential public services to citizens. When we, as citizens, understand how critical our tax contributions are to the country's growth, paying taxes becomes more than just compliance or a mandatory practice.

The signing of Republic Act (RA) 11967, or the 'Ease of Paying Taxes (EOPT) Act' into law on Jan. 5, 2024, serves not only to modernize tax administration but also to update the taxation system. The law, which became effective on Jan. 22, 2024, also provides a more comprehensive and streamlined process aimed at encouraging more taxpayers to pay on time and foster compliance.