On the contrary, tax
amnesties prove to be negative for dutiful taxpayers, leaving them with a sense of being foolish.
Early in the day, Chief Presidential Legal Counsel Salvador Panelo said the
amnesties given to the rebel soldiers by Gazmin was "theoretically" void.
This is as a result of two main reasons; the introduction of more independent social organisations stepping in to help workers over the past few years, as well as the large turnout of residents in the previous two
amnesties.
First, the global environment is conducive to
amnesties.
The first theme discusses how these
amnesties have fit in the context of financial management, where the program contributes to improving compliance, tax administration, and revenue.
As reported by the Federation of Tax Administrators, tax
amnesties have generated significant revenues in some states.
Noting that the demand for '
amnesties for peace' has not
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amnesties like this have already taken deadly weapons off the streets.
I and many others also warned that the amnesty would surely encourage many more to come here illegally in anticipation of future
amnesties, especially if we did not really get serious about border and interior enforcement.
The length of time between
amnesties contributed to the rush of persons wanting to participate in the 2002 program.
The amnesty, one of the broadest tax
amnesties offered by any state recently, is Florida's first since 1992.
The proposal raises questions of fundamental fairness - questions that have persisted since at least the Fifth Century when the Roman Empire unsuccessfully toyed with
amnesties as a quick fix.
The DOF's original proposal on
amnesties under Package 1B of the Comprehensive Tax Reform Program (CTRP) includes an estate tax amnesty, which is estimated to generate P6.28 billion, general tax amnesty with P13.63 billion, tax amnesty on delinquencies with P27.16 billion, lifting of the bank-secrecy law for criminal cases, as well as the automatic exchange of information (AEOI) with P16.6 billion.
And unlike previous
amnesties with a contestability period, one-year at least, the proposed amnesty does not have one.
Under RA 11213, implementing agencies are given 90 days to ensure the issuance of the proper IRR for the
amnesties, with the government eyeing to create separate RRs for the various
amnesties since President Duterte exercised line vetoes when he signed the law on Valentine's Day.
