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Vilma Santos, Luis Manzano defend Ralph Recto over criticisms about viral tax issue - Latest Chika

Summary by Latest Chika
Mother-and-son tandem Vilma Santo and Luis Manzano have come to the defense of Finance Secretary Ralph Recto, amid growing criticism over the controversial implementation of new tax rates on bank deposit interest. Following the implementation of Republic Act 12214 or the Capital Markets Efficiency Promotion Act (CMEPA), banks across the Philippines began imposing a 20 […] The post Vilma Santos, Luis Manzano defend Ralph Recto over criticisms abo…
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Latest Chika broke the news in on Monday, July 21, 2025.
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