Digital Coin News

Lower stock trading taxes to lift market

  • 📰 MlaStandard
  • ⏱ Reading Time:
  • 17 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 55%

Coin Coin Headlines News

Coin Coin Latest News,Coin Coin Headlines

THE Securities and Exchange Commission (SEC) said Tuesday it supports the proposed bill to reduce taxes on stock transactions to

Albay 2nd District Rep. Jose Ma. Clemente Salceda on Aug. 23 filed House Bill No. 8958, or the proposed Capital Markets Efficiency Promotion Act, that seeks to lower taxes on stock transactions to attract more investors into the market.

“The SEC welcomes the efforts of our legislators to boost the capital market, as this recognizes the contribution and potential of the financial sector to help in the development of the Philippine economy, toward easing and improving the lives of all Filipinos,” SEC chairperson Emilio Aquino said in a statement.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 20. in COİN

Coin Coin Latest News, Coin Coin Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

PH shares stay in positive territory; close at 6,172The Philippine Stock Exchange kicked off the trading week in positive territory.
Source: ABSCBNNews - 🏆 5. / 83 Read more »