Ben D. Kritz
ON Tuesday, Finance Secretary Carlos Dominguez 3rd said that one of the more contentious tax reform proposals put forth by the Duterte administration, the imposition of a draconian new vehicle excise tax, would be implemented in 2018 in order to give the government time to make adjustments to the program and still have sufficient time to apply the anticipated revenues to infrastructure projects before the end of President Rodrigo Duterte’s term.