Bilyonaryo Lance Gokongwei has expressed his support for President Duterte?s Comprehensive Tax-Reform Program (CTRP), as well as the promotion of compliance with tax laws.
The JG Summit Holdings Inc. President and CEO acknowledged during the kickoff ceremony of the Bureau of Internal Revenue?s (BIR) 2017 tax-collection the important role that large taxpayers do in the success of President?s reform agenda.
?When it comes to tax policy and administration, our desire is but simple: first, a streamlined, not-too-burdensome set of procedures and processes that will make tax compliance straightforward and easy,? the business tycoon said.
?And second, a tax reform that will be equitable to our wage earners, allow the government to fund vital infrastructure and social services while enabling corporate partners to remain competitive in this global trading order?, he added.
He also noted that large taxpayers play a significant role on how tax compliance is being practiced in the country, as ?barometers of the overall environment of integrity?or lack thereof?in our country?.
