Erwin Tulfo pushes first EVAT cut in 37 years

MANILA, Philippines — For the first time since it was imposed in 1987, Sen. Erwin Tulfo has sought to reduce the country’s 12-percent expanded value-added tax (EVAT) to its original 10 percent in a bid to boost household purchasing power and stimulate consumption. In Senate Bill No. 1552, Tulfo argued for the reduction of the