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Overtaxed but underserved: Fixing the Philippines’ tax system to unlock investment

2 April 2026
in Business
Reading Time: 5 mins read
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Overtaxed but underserved: Fixing the Philippines’ tax system to unlock investment
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At the 2026 Economic Ease of Doing Business (EODB) Briefing held at the Asian Development Bank (ADB), one message resonated strongly:

The Philippines is overtaxed, yet underserved.

The phrase, highlighted during the presentation of global tax policy expert and Chief Tax Advisor of Asian Consulting Group (ACG) Mon Abrea, reflects a growing sentiment among taxpayers and investors — that while Filipinos face multiple layers of taxes, the ease of compliance and quality of public services remain below expectations.

More importantly, it points to a deeper issue:

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