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Cheery Yuletide thoughts in the month of hearts. Sen. Ralph G. Recto today said more government and private workers would enjoy higher tax-free bonuses and other benefits up to P60,000 to P72,000 once the P30,000 ceiling on tax-exempt benefits is increased. “In the midst of

OPENING STATEMENT OF SEN. RALPH G. RECTO COMMITTEE ON WAYS AND MEANS PUBLIC HEARING FEB. 2, 2012 SBN 3065 – Tax Exemptions of International Air Carriers First on our agenda is Senate Bill 3065, which seeks to abolish the 3% Common Carriers Tax (CCT) and the 2 ½ % Gross