Imee Marcos pushes for release of LGU’s 40% share of national taxes - News Summed Up

Imee Marcos pushes for release of LGU’s 40% share of national taxes


MANILA, Philippines — Ilocos Norte Governor Imee Marcos has called on the government to immediately craft a scheme where local government units can get the 40 percent share of national taxes by next year. ADVERTISEMENTIn a statement Tuesday, Marcos, who is seeking a Senate seat in the May elections, said it is only right that the SC ruled to raise the Internal Revenue Allotment (IRA) of local government units (LGUs) by including all national taxes. “Our LGUs have been deprived for the longest time of their ‘just share’ on their Internal Revenue Allotment computed based on all national taxes and not just from national internal revenue taxes,” Marcos explained. READ: SC affirms 2018 ruling: LGUs should get share of all national taxesAccording to Marcos, she knows the issues facing LGUs as she has served herself as a local official. More than 50% of the poor are also in the countryside, and LGUs are our frontliners in the fight against poverty.


Source: Philippine Daily Inquirer April 23, 2019 10:18 UTC



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