MANILA, Philippines --- The Department of Finance (DOF) on Thursday objected to the proposed tax exemption of election honoraria and allowances, citing concerns that it may trigger a "clamor" for more exemptions for similar benefits given for other rendered services. But the chairperson of the Senate panel tackling the bills seeking for such exemption is "inclined" to endorse the proposal to the plenary, saying it is a "small show of support" to teachers rendering services beyondtheir original responsibilities. During the hearing of the Senate ways and means committee chaired by Senator Pia Cayetano, Director Arvin Quiones of the DOF's Policy Research and Liaison Office manifes...
Keep on reading: DOF objects to proposed tax exemption on election honoraria, allowances
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