President Ferdinand R. Marcos Jr. bared in his second State of the Nation Address (SONA) the 12 priority legislations that will help develop the Philippines and uplift the lives of the Filipino people.
In his SONA, President Marcos called on support from Congress for the passage of the essential tax measures under the Medium-Term Fiscal Framework (MTFF).
The essential tax measures under the MTFF are the “Excise Tax on Single-Use Plastics; VAT on Digital Services; Rationalization of Mining Fiscal Regime; Motor Vehicle User’s Charge/Road User’s Tax; and Military and Uniformed Personnel Pension.
President Marcos also called on Congress for the passage of Amendments of the Fisheries Code; Amendment of the Anti-Agricultural Smuggling Act; Amendment of the Cooperative Code; and the New Government Procurement Law.
The chief executive also asked for the passage of the New Government Auditing Code; Anti-Financial Accounts Scamming; Tatak-Pinoy (Proudly Filipino) Law; The Blue Economy Law; Ease of Paying Taxes; LGU Income Classification; and The Philippine Immigration Act. PND