Bill lowering corporate tax moves to Senate plenary

MANILA, Philippines – Senator Pia Cayetano sponsored the proposed  Corporate Income Tax and Incentive Rationalization Act (Citira)  at the Senate plenary on Wednesday, February 19.

Cayetano called her version of Citira a "fair deal" and the "best deal for Filipinos."

"A major source of resistance to this bill is the fear that incentives will be removed once this ...