Tag: Amusement Tax

Jinggoy Estrada: Provide tax breaks, subsidies to revive film industry

(RAPPLER) MANILA, Philippines – Senator Jinggoy Estrada called on the government to revive the “ailing” Filipino film industry, proposing the removal of the amusement tax and the provision of subsidies for film workers. In a privilege speech on Tuesday, November 8, Estrada laid out what he described as “the abysmal state of our local film…
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Jinggoy Estrada wants tax breaks for local film industry

(INQUIRER) MANILA, Philippines – Senator Jinggoy Estrada on Tuesday sought tax breaks for the local film industry to encourage more producers to create films and revive the “ailing” industry. In his privilege speech, Estrada pointed out that at present, producers shoulder several taxes including a 10% amusement tax, 5% distribution fee, 30% income tax, and…
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