Hearing on tax reform package

Senator Juan Edgardo Angara (3rd from left), chairman of the Senate Committee on Ways and Means, shares a light moment with Senators Sherwin Gatchalian (2nd from left) and Loren Legarda (left) during the 11th hearing on the proposed “Tax Reform for Acceleration and Inclusion (TRAIN)” bills being pushed by the executive branch on Wednesday, July 26, 2017. According to the Department of Finance (DOF), the proposed tax reform package would include several administrative reforms, such as the relaxation of bank secrecy laws for fraud cases, and a mandatory fuel marking and monitoring system to curb oil smuggling in the country. (Photo by Romeo Bugante)