Photo Release

TAX REFORM HEARING: Senator Sonny Angara, chair of the Committee on Senate Ways and Means, shares a light moment with Senators Cynthia Villar, Sherwin Gatchalian and JV Ejercito, as they discuss tax reform proposals being pushed by the executive department in a committee hearing on Wednesday, July 12, 2017. During the hearing the senators quizzed officials from the Department of Finance (DOF) on the impact of “removing value added tax (VAT) exemptions on commodities such as socialized housing,” among other concerns. The DOF said that the proposed tax measure would add P 80 billion revenue seen to help fund the P 8-trillion infrastructure rebuilding plan of the Duterte administration. (PRIB Photo by Cesar Tomambo/ July 12, 2017)