An Analysis of Philippine Income Tax Reforms

Gloria, Enrico; Mendoza, Ronald U.; Pena-Reyes, Ser Percival

doi:10.2139/ssrn.2466989

An Analysis of Philippine Income Tax Reforms

45 Pages Posted: 17 Jul 2014 Last revised: 29 Sep 2014

See all articles by Enrico Gloria

Ronald U. Mendoza

Ateneo De Manila University - Ateneo School of Government

Ser Percival Pena-Reyes

Asian Institute of Management

Date Written: October 1, 2014

Abstract

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