English: If enacted into law, the measure will reduce the number of final withholding tax rates, unify tax rates on passive income, harmonize business taxes on financial intermediaries, and rationalize documentary stamp tax.
Filipino: Kapag naisabatas na, babawasan nito ang bilang ng final withholding tax rates, pag-iisahin ang tax rates sa passive income, iha-harmonize ang business taxes sa financial intermediaries, at ira-rationalize ang documentary stamp tax.