Solon: Tax collection sharing formula unfair to coastal communities

Solon: Tax collection sharing formula unfair to coastal communities

MANILA, Philippines – The budgeting formula on tax sharing between the national government and local units is disproportionately biased towards regions with vast land areas, Agusan del Norte Rep. Dale Corvera said on Monday. In a statement, he said the National Tax Allotment (NTA) sharing formula “is not fair” to coastal communities, as 25 percent

By mareyes