Foreign business chambers and exporters groups have urged for the passage of other economic bills pending in Congress to complete the new Republic Act 11534, the Corporate Recovery and Tax Incentives for Enterprises Act (CREATE), which they said is one of the most important fiscal bills enacted in...
Economic activities listed under the 2020 Investment Priorities Plan (IPP) will serve as the initial projects that will qualify for incentives under the Corporate Recovery and Tax Incentives for Enterprises (CREATE) Act (CREATE) Law, Trade and Industry Secretary Ramon M. Lopez said. Lopez said that...
The Board of Investments (BOI), the Philippines’ premier investment promotion agency, said more projects in the pipeline such as motorcycle engine assembly project, data centers and IT infrastructure network, advanced metal/plastic packaging manufacturing facility, modern textile assembly are...
Duterte clips FIRB powers, oil refinery gets perks By Bernie Cahiles-Magkilat and Chino S. Leyco Despite misgivings, the business sector lauded President Duterte for signing the Corporate Recovery and Tax Incentives for Enterprises Act (CREATE), a game-changer law that is expected to support the...
The Congress-ratified Corporate Recovery and Tax Incentives for Enterprises (CREATE) Act will relax the ‘tax regime’ to be enforced for operators of oil refining facilities in the country. With that re-calibrated taxation policy in the CREATE measure, it was noted that the perturbed state of...
The Corporate Recovery and Tax Incentives for Enterprises (CREATE) Act can bring in over P200 billion in new investments and generate as much as 2 million additional jobs, according to Trade and Industry Secretary Ramon M. Lopez. According to Lopez, the bicameral approved CREATE will be a big boost...
