Concept paper that proposes tax reform in the philippines on the digitalization and simplification of the process
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Concept paper that proposes tax reform in the philippines on the digitalization and simplification of the process in payment.
1.Digitalization: Implementing a fully digital tax filing system would simplify the process and reduce paperwork. This could involve creating an online portal where taxpayers can submit their tax returns and make payments.
2. Simplification of Tax Laws. The tax code could be simplified to make it easier for taxpayers to understand their obligations. This could involve reducing the number of tax brackets or eliminating certain deductions and credits.
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