Tax Reform Package 1: What you need to know


Members of the Inquirer Business had a sitdown with Department of Finance Undersecretary Karl Kendrick Chua to talk about the Duterte administration’s tax reform program package one (there are five). Here are some important takeaways you need to know, which are directly lifted from Usec. Chua’s presentation:

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Thank you, LJM.

My first and last encounter with Ma’am Letty Jimenez-Magsanoc, or LJM as how she was fondly called by us from the Inquirer, was only last year. I was having my on-the-job training under Ma’am Nancy Carvajal, who worked closely with her before as her secretary. Ma’am Nancy was working on her story of the pork barrel scam, and I was tasked to help her along with another intern and some people from the Research Department. It seemed like an endless task – printing heaps of documents, filing them inside envelopes, labeling each with surnames. Some were shockingly familiar: Revilla, Estrada, Enrile; while some were surnames I’ve never heard of: Ong, Tan, Zapote. The documentation was so tough there were nights when we would leave the office around 1am, also burdening the designated driver, Kuya Gerrs, for he would need to bring us home one by one. There was even an instance wherein we would leave the office by 9pm to attend a work-related function, only to go back after two hours to finish work.

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