45 Pages Posted: 17 Jul 2014 Last revised: 29 Sep 2014
Date Written: October 1, 2014
This paper examines possible reforms in the income tax regime of the Philippines, highlighting some of the proposals recently discussed in the Philippine legislature. Because it will focus only on income taxes, it will stop short of assessing what might be considered an optimal tax structure. The analysis herein will illustrate some of the policy issues germane to tax progressivity and its contribution to inclusive growth and development in the Philippines.
Keywords: income tax reforms; tax progressivity; bracket creep
JEL Classification: H24; O23; J20
Suggested Citation: Suggested Citation
Gloria, Enrico and Mendoza, Ronald U. and Pena-Reyes, Ser Percival, An Analysis of Philippine Income Tax Reforms (October 1, 2014). Available at SSRN: https://ssrn.com/abstract=2466989 or http://dx.doi.org/10.2139/ssrn.2466989