Senator Files Bill to Scrap Travel Tax
3 Articles
3 Articles
Senator files bill to scrap travel tax
SEN. Alan Peter Cayetano has filed Senate Bill 424, which aims to abolish the travel tax.Cayetano said that the measure seeks to alleviate financial burdens on travelers, boost tourism and enhance regional cooperation within Asean.A local airline study estimates that while the government could face a revenue loss of approximately P4 billion from the tax’s removal, the potential economic gain from increased tourism and spending could be significa…
Cayetano seeks bill to abolish travel tax to boost tourism
A bill filed in the Senate seeks to abolish the travel tax, which its author described as outdated and no longer aligned with the country’s economic and regional goals. Senate Bill No. 424, authored by Senator Alan Peter Cayetano, proposes the repeal of the travel tax imposed under Presidential Decree No. 1183, signed nearly five …
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