The Philippines' Department of Finance is studying additional tax measures to raise revenue, according to BusinessMirror, while Manila Bulletin reports on the proposals under the headline "New taxes, but at what cost to Filipinos?" The question frames the debate around how much households would bear.
Separately, Inquirer.net reports that the country is looking at ending a tax break on low-cost imports. BusinessWorld Online says the Finance department is still reviewing the "de minimis" rule, the threshold below which imported goods enter duty-free. Philstar.com reports that a tax on online gaming remains on the DOF's radar.
Taken together, the reports point to several possible sources of new revenue being considered at the same time, though the material does not specify which measures will be adopted or when. Manila Bulletin's framing puts the burden on consumers at the center of the discussion, while the other outlets describe the measures from the government's revenue side.
No figures, timelines or final decisions were included in the reporting summarized here.
Watch for the DOF's conclusions on the de minimis review and any formal proposal on online gaming taxation.
