INAUGURAL MEETING & INDUCTION OF 2015 OFFICERS

Wednesday, 28 January 2015

Hotel Intercontinental Manila, Grand Ballroom

10:30AM: Thanksgiving Mass

11:00AM: Inaugural & Induction

General Membership Meetings:

· January 28, 2015

· February 26, 2015

· March 26, 2015

· April 30, 2015

· June 25, 2015

· July 23, 2015

· August 27, 2015

· September 24, 2015

· October 29, 2015

· November 26, 2015

· December 3, 2015

TAX MANAGEMENT ASSOCIATION OF THE PHILIPPINES, INC.

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TMAP Holds 2015 Inaugural Meeting and Induction

TMAP held its 2015 inaugural meeting and induction of officers and board of directors on January 28, 2015.  The Honorable Alan Peter S. Cayetano, Senator of the Republic of the Philippines, was the inducting officer and keynote speaker.  The following members of the Board and officers were inducted:

TMAP Proposes New Tax Table and Tax Code Amendments to Jumpstart Tax Reform

On the first working day of the year, TMAP filed with the Ways and Means Committees of both Houses of Congress its comprehensive proposal for tax reform, which includes a revision of the income tax table and the simplification of business taxes imposed on individuals.  In addition, TMAP also submitted certain proposals to amend provisions of the Tax Code to help address current tax issues, such as the new VAT refund rules.

TMAP Launches 2015 Theme: Promoting Tax Fairness To Enhance National Competitiveness

What is tax fairness and how is it linked to a competitive economy?

Substantive Fairness

There are two criteria to measure fairness in taxes: (i) benefits received and (ii) ability to pay.

• Benefits received means that people should pay taxes in proportion to the benefits they receive from government goods and services

Tax Reform Agenda in September GMM

TMAP has been visible in mass media and social networks to publicize its support to Congressional initiatives to overhaul the tax system for the benefit of the taxpaying public.

TMAP Holds 2nd Tax Seminar

TMAP conducted its 2nd tax seminar for 2014 entitled “Recent Tax Developments, Proposals and Controversies Through the Eyes of TMAP” on September 24, 2014 at the Hotel Intercontinental Manila.

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