Philippine's Dominguez on Tax Reform Bill, Tax Evaders

Philippine's Dominguez on Tax Reform Bill, Tax Evaders

Assessment

Interactive Video

Business, Social Studies

University

Hard

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Carlos Mingus, the Finance Secretary, discusses the Philippines' efforts to tackle tax evasion and the anticipated passage of a new tax reform bill. He expresses confidence in the President's support and the legislature's ability to deliver the needed reforms. The discussion also covers the government's actions against major tax evaders, including a significant case involving a cigarette maker, and the broader goal of making the country more law-abiding.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the expected outcome of the new tax reform bill mentioned in the text?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How much offshore funds does the program need according to the Finance Secretary?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the significance of the President's support for the tax reform bill?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What was the compromise agreement reached with the tax evaders mentioned in the text?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What measures are being taken to address tax evasion in the Philippines?

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