Photo Release

REDUCING ESTATE TAXES: Senator Sonny Angara (right), chair of the Senate Committee on Ways and Means, talks to Internal Revenue Commissioner Caesar Dulay (left) and Internal Revenue Deputy Commissioner Jesus Aranas before the start of a discussion on President Rodrigo Duterte’s “Tax Reform for Acceleration and Inclusion” measure seeking to reduce estate taxes to lighten the tax burden on a deceased's assets, Tuesday, February 14, 2017. "The end result is that a grieving family will be spared the anguish of paying high estate taxes which often delay the distribution of the assets to the heirs," Angara said. (PRIB Photo by Albert Calvelo/14 February 2017)