Question

do you think the current taxation system in the phillippines is fair and effective?

Answer 1

Answer:

In terms of personal income taxes, the Philippines' tax efficiency rate is at 6.2 percent, only higher than Indonesia's 0.1 percent. ... The Philippines also did not fare any better when it comes to collecting corporate income taxes as it has a tax efficiency of only 11.6 percent, despite a high 30 percent tax rate.

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