Public Hearing on the Tax Reform for Acceleration and Inclusion
The Senate Ways and Means Committee conducted the public hearing on the VAT provision of the Tax Reform for Acceleration and Inclusion. Led by Mr. Mendoza and Atty. Tan, a number of OSHDP member-developers from Borland, Duraville, PA Alvarez, 8990, Roper, Freedom to Build, etc. attended the hearing to manifest strong opposition to the proposed lifting of VAT exemption of socialized to low-cost housing.