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SENAT President Vicente Sotto said Saturday that Senators did not intend to introduce a measure for the adoption of Train 2, which aims to streamline incentives. fiscal years
. & # 39; version of the proposed package 2 of the law on the acceleration and inclusion of tax reform (train).
Vicente Sotto 3rd
The Senate Chief stated that all tax measures were to emanate from the House
"P wedeng" di file mag kami. Antanin Namin House [We can opt not to file. We will just wait for the House’s version] "Sotto said in an interview on the radio.
Euvimil Mina Asuncion, director of the Finance Department (ToT) for the Strategic Economy and Resource Group, confirmed that no senator wants to sponsor Train 2 now.
"But we have not stopped explaining to the senators, we are grateful that they have allowed us to discuss them with them, and we can wait until [House] passes its version, "she said.
"Package 2 is neutral in terms of revenue." Train 2 is only for unnecessary or redundant incentives, "said Mr. Asotto at a railway forum at the Colegio de San Juan de Letran in Manila
Sotto noted that the Senate has its own versions of the Rice Pricing Bill.
"The mentality of most Senate members is to examine how we could help control the law. 39, inflation and rising commodity prices, "he said." So, if ever these bills I just mentioned are presented, whether it is train 2, we will do it. Otherwise, we will follow the Senate version, which aims to improve tax incentives and other issues.
In an earlier interview, Sotto said that he was not familiar with the version of the Ministry of Finance
. of our president and members of the Senate, the Senate Speaker Pro Tempore and Senator Panfilo Lacson [that] our version sounds better ", he added
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