03/09/2026
๐๐๐๐๐๐๐ ๐๐ญ ๐ญ๐ก๐ ๐๐๐ฉ๐๐ซ๐ญ๐ฆ๐๐ง๐ญ ๐จ๐ ๐
๐ข๐ง๐๐ง๐๐โ๐ฌ (๐๐๐
) ๐๐ญ๐๐ค๐๐ก๐จ๐ฅ๐๐๐ซ ๐๐ซ๐ข๐๐๐ข๐ง๐ ๐๐ง๐ ๐๐จ๐ง๐ฌ๐ฎ๐ฅ๐ญ๐๐ญ๐ข๐จ๐ง ๐จ๐ง ๐ญ๐ก๐ ๐๐ซ๐จ๐๐๐๐๐ (๐๐ซ๐จ๐ฆ๐จ๐ญ๐ข๐ง๐ ๐๐ซ๐จ๐ฐ๐ญ๐ก, ๐๐๐ฏ๐๐ง๐ฎ๐, ๐๐ง๐ ๐๐ช๐ฎ๐ข๐ญ๐ฒ ๐ญ๐จ๐ฐ๐๐ซ๐๐ฌ ๐๐จ๐๐ข๐จ-๐๐๐จ๐ง๐จ๐ฆ๐ข๐ ๐๐ฎ๐ฌ๐ญ๐๐ข๐ง๐๐๐ข๐ฅ๐ข๐ญ๐ฒ) ๐๐๐ฑ ๐๐๐๐จ๐ซ๐ฆ ๐๐๐๐ค๐๐ ๐๐๐ข๐จ๐ก๐ง๐ฃ๐ ๐ฎ๐ ๐๐ต๐ฒ ๐๐ฒ๐ฝ๐ฎ๐ฟ๐๐บ๐ฒ๐ป๐ ๐ผ๐ณ ๐๐ถ๐ป๐ฎ๐ป๐ฐ๐ฒโ๐ (๐๐ข๐) ๐ฆ๐๐ฎ๐ธ๐ฒ๐ต๐ผ๐น๐ฑ๐ฒ๐ฟ ๐๐ฟ๐ถ๐ฒ๐ณ๐ถ๐ป๐ด ๐ฎ๐ป๐ฑ ๐๐ผ๐ป๐๐๐น๐๐ฎ๐๐ถ๐ผ๐ป ๐ผ๐ป ๐๐ต๐ฒ ๐ฃ๐ฟ๐ผ๐๐ฅ๐๐ฆ๐ฆ (๐ฃ๐ฟ๐ผ๐บ๐ผ๐๐ถ๐ป๐ด ๐๐ฟ๐ผ๐๐๐ต, ๐ฅ๐ฒ๐๐ฒ๐ป๐๐ฒ, ๐ฎ๐ป๐ฑ ๐๐พ๐๐ถ๐๐ ๐๐ผ๐๐ฎ๐ฟ๐ฑ๐ ๐ฆ๐ผ๐ฐ๐ถ๐ผ-๐๐ฐ๐ผ๐ป๐ผ๐บ๐ถ๐ฐ ๐ฆ๐๐๐๐ฎ๐ถ๐ป๐ฎ๐ฏ๐ถ๐น๐ถ๐๐) ๐ง๐ฎ๐
๐ฅ๐ฒ๐ณ๐ผ๐ฟ๐บ ๐ฃ๐ฎ๐ฐ๐ธ๐ฎ๐ด๐ฒ
September 2, 2026, The Cooperative Union of Taguig & Pateros CEO had the privilege of representing the cooperative sector at the Department of Financeโs (DOF) Stakeholder Briefing and Consultation on the ProGRESS (Promoting Growth, Revenue, and Equity towards Socio-Economic Sustainability) Bill at the Land Bank Plaza Hall in Malate.
The briefing opened with guidance from Finance Secretary Frederick D. Go and Undersecretary Rolando T. Ligon Jr., outlining the administration's plan to protect household purchasing power while realigning fiscal policy.
๐๐ฒ๐ ๐ง๐ฎ๐ธ๐ฒ๐ฎ๐๐ฎ๐๐ ๐ณ๐ฟ๐ผ๐บ ๐๐ต๐ฒ ๐ฃ๐ฟ๐ผ๐ฝ๐ผ๐๐ฒ๐ฑ ๐ฅ๐ฒ๐ณ๐ผ๐ฟ๐บ:
Personal Income Tax (PIT) Relief: The tax-exempt threshold is proposed to rise from โฑ250,000 to โฑ350,000 annually, giving immediate relief of up to โฑ15,000 to โฑ17,500 in take-home pay to low- and middle-income earners. Brackets across lower-to-middle compensation tiers will also adjust to combat "bracket creep" caused by inflation.
๐ฅ๐ฒ๐น๐ถ๐ฒ๐ณ ๐ณ๐ผ๐ฟ ๐ ๐ฆ๐ ๐๐: Complete exemption from the Minimum Corporate Income Tax (MCIT) for micro and small enterprises, directly benefiting small community businesses and enterprise partners.
๐ช๐ฒ๐ฎ๐น๐๐ต & ๐๐๐
๐๐ฟ๐ ๐ง๐ฎ๐
๐ฒ๐: Revenue-balancing measures focused on high-end consumption, including higher tax tiers for luxury automobiles, non-essential goods (such as private aircraft), and implementation of a Global Minimum Tax framework.
๐๐ฒ๐ฎ๐น๐๐ต & ๐ฆ๐๐๐๐ฎ๐ถ๐ป๐ฎ๐ฏ๐ถ๐น๐ถ๐๐ ๐๐ฒ๐๐ถ๐ฒ๐: Expanded sin taxes on sweetened beverages and e-cigarettes/novel to***co, alongside an excise tax on single-use plastics to encourage eco-friendly alternatives.
๐จ๐ฝ๐ฑ๐ฎ๐๐ฒ๐ฑ ๐ฅ๐ผ๐ฎ๐ฑ ๐จ๐๐ฒ๐ฟ ๐ง๐ฎ๐
: Adjustments to the Motor Vehicle Road Users' Tax (MVRUT) to finance infrastructure and road safety maintenance.
๐๐ฑ๐๐ฎ๐ป๐ฐ๐ถ๐ป๐ด ๐๐ต๐ฒ ๐๐ผ๐ผ๐ฝ๐ฒ๐ฟ๐ฎ๐๐ถ๐๐ฒ ๐ฉ๐ผ๐ถ๐ฐ๐ฒ
As community-rooted socio-economic drivers in Taguig and Pateros, our primary focus is ensuring these policies shelter grassroots enterprises and our membersโ daily livelihood. We welcome the PIT adjustment and MCIT relief for micro and small enterprises, while COUNTPA remains committed to engaging the DOF to ensure that cooperative tax protections under RA 9520 remain safeguarded throughout legislative deliberations.
Together, we move forward towards a fairer and more equitable economy for our members and communities!