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How to Tax in Asia s Digital Age
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Tax avoidance and moral issue - BusinessWorld
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New taxes are inevitable - BusinessWorld
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Carbon tax to aid Philippine’s green recovery Louise Maureen Simeon
MANILA, Philippines Imposing a carbon tax in the Philippines will significantly help the country and the region address further risks of climate change and will aid in the long-term recovery from the pandemic.
During the second day of the 54th Annual Meeting of the Board of Governors of the Asian Development Bank, the International Monetary Fund (IMF) said raising the price of carbon can be an effective way of reducing carbon emissions.
Asia Pacific is both very exposed to climate risk and a major contributor to greenhouse gas emissions considering that the region is home to the majority of the world’s population and has been the main driver of global growth in decades.
Despite the challenges of the COVID-19 pandemic, Vietnam’s economy has remained resilient, expanding by 2.9 percent in 2020—one of the highest growth rates in the world—and growth is projected to be 6.5 percent in 2021, thanks to strong economic fundamentals, decisive containment measures and well-targeted government support, according to the IMF’s latest annual assessment of the country’s economy.