ARTA Statement on the passage on 2nd reading of the proposed ‘Ease of Paying Taxes Act’

Anti-Red Tape Authority (ARTA)
Sec. Jeremiah B. Belgica

House Bill (HB) No. 8942 or the proposed Ease of Paying Taxes Law seeks to simplify tax transactions. Its salient provisions include the offsite filing of the Tax Identification Number (TIN), removal of the required annual Bureau of Internal Revenue (BIR) registration, and harmonization of venue rules to allow fully online filings with the Bureau.

Certainly, the above-mentioned proposal complements Republic Act No. 11032, also known as the Ease of Doing Business and Efficient Government Service Delivery Act of 2018, aimed at increasing efficiency by ridding red tape across the bureaucracy through streamlining of processes and filing of cases against erring government agencies, employees, and/or private accomplices.

Hence, we support its recent passage on second reading at the House of Representatives and back any calls for its speedy approval.

We see that HB 8942 will have a positive effect on the country’s scores in the World Bank’s Ease of Doing Business Survey.

Now that we are still in the midst of a pandemic and more contagious variants are emerging, modernizing tax administration and improving tax compliance through streamlining and automation will undoubtedly reduce the burden on taxpayers and eventually encourage people to settle their taxes. (ARTA) – jlo

Popular

Gov’t remains ‘relentless’ in supporting PH Air Force — PBBM

By Brian Campued President Ferdinand R. Marcos Jr. reaffirmed his administration’s continued support to the Filipino airmen and airwomen as the Philippine Air Force (PAF)...

PBBM ‘rings’ CMEPA into effectivity

By Dean Aubrey Caratiquet Investments serve as the lifeblood of a successful and progressive nation, paving the way for an economy that adopts to the...

‘Best is yet to come’: PBBM rallies Alex Eala after WTA finals debut

By Darryl John Esguerra | Philippine News Agency On Sunday, June 29, President Ferdinand R. Marcos Jr. offered words of encouragement to tennis sensation Alex...

DOH opens online mental health support for Filipinos in Israel

By Joyce Ann L. Rocamora | Philippine News Agency The Department of Health (DOH) is extending psychosocial support to overseas Filipinos in Israel affected by...