See every side of every news story
Published loading...Updated

Recto Pushes Tax Hike On Capital Gains; Salceda Warns Of Capital Flight - Data Intelligence

Summary by Plato. Vertical Search. Ai. | PlatoAiStream. Data Intelligence. Vertical Search. Ai.
Eyeing more revenues for the Philippine government, Department of Finance (DOF) Secretary Ralph Recto expressed plans to increase the tax rates for capital gains, donor taxes and estate taxes from 6% to 10%. However, Albay Representative Joey Salceda, chairman of the House Ways and Means Committee of the House of Representatives, warned that raising taxes is not a good idea. Finance Secretary Ralph Recto Albay Representative Joey Salceda Table…
DisclaimerThis story is only covered by news sources that have yet to be evaluated by the independent media monitoring agencies we use to assess the quality and reliability of news outlets on our platform. Learn more here.

Bias Distribution

  • There is no tracked Bias information for the sources covering this story.
Factuality

To view factuality data please Upgrade to Premium

Ownership

To view ownership data please Upgrade to Vantage

Plato. Vertical Search. Ai. | PlatoAiStream. Data Intelligence. Vertical Search. Ai. broke the news in on Thursday, April 24, 2025.
Sources are mostly out of (0)

You have read out of your 5 free daily articles.

Join us as a member to unlock exclusive access to diverse content.