‘Tax reform to impact BPO competitiveness’

The Tax Reform for Acceleration and Inclusion (Train) bill could affect the competitiveness of the Information Technology and Business Process Management sector, industry leader Rey Untal said.

“This will impact our competitiveness and, therefore, the growth trajectories outlined in our Roadmap 2022, including sectors that benefit from the 3.2 multiplier effects of the IT-BPM industry,” Untal, president of the IT and Business Process Association of the Philippines, told The Manila Times.