SAI urges tax reforms in budget proposals

Harvard-trained tax expert urges new Philippine lawmakers to prioritize economic reforms supporting MSMEs and attracting foreign investment - BusinessWorld Online

Mon Abrea, Harvard-trained tax expert and Chief Tax Advisor of the Asian Consulting Group (ACG), is calling on the newly elected Philippine lawmakers to expedite critical economic reforms that will not only attract foreign investors but also protect and support Micro, Small, and Medium Enterprises (MSMEs). Mr. Abrea emphasizes that MSMEs, which comprise over 99% of Philippine businesses, are the backbone of the economy. However, they often face …

SAI urges tax reforms in budget proposals

The SITE Association of Industry (SAI) has submitted its budget proposals for 2025-26, urging the government to adopt structural tax reforms aimed at boosting industrial growth and improving export competitiveness. SAI President Ahmed Azeem Alvi, who also heads the association's taxation committee, stressed that budget-making must evolve into a strategic economic exercise rather than remain a routine fiscal event. A central proposal is the separ…