The final draft of the Strategic Investment Priorities Plan (SIPP) under the Corporate Recovery and Tax Incentives for Enterprises (CREATE) law has been completed and will soon be presented to President Rodrigo Duterte, said House Ways and Means chair and Albay 2nd District Rep. Joey Salceda. Rep....
OFW FORUM Jun Concepcion Hundreds of thousands of OFWs, including those who voted for President Duterte in 2016, are likely to be very much dejected when he steps down from office at end-June this year. Why so? Because he will leave behind a certain high-profile legacies aimed at OFWs which are...
This public art program makes use of murals to inspire recovery ABSTRACT CORNER Let Compassion, Empathy and Kindness Flow by Kankan Ramos Known to be a city with a soul, Bonifacio Global City, fondly called BGC, is set to put more art in the heart of the business center. Through ArtBGC, BGC’s...
The Department of Finance (DOF) said the government will finalize within this month the Strategic Investment Priority Plan (SIPP) of the Corporate Recovery and Tax Incentives for Enterprises (CREATE) law. In a statement, Finance Secretary Carlos G. Dominguez III said on Wednesday, Jan. 12, that the...
The National Tax Research Center (NTRC) is further enhancing its existing online incentives application portal for investors to enable the government to better review and analyze the economic impact of investment perks. In a report to Finance Secretary Carlos Dominguez III, the NTRC said the online...
The Department of Energy (DOE) will be issuing guidelines on the availment of incentives with the Board of Investments (BOI) for qualified energy efficiency (EE) projects. ‘ The department has issued a draft Circular that will be the basis on its solicitation of inputs and comments from relevant...
The Department of Finance (DOF) has tossed to the Board of Investments (BOI) the need to review the re-classification of the tax incentives being granted to energy efficiency (EE) projects under the Corporate Recovery and Tax Incentives for Enterprises (CREATE) Act. In a letter-response to the...
In line with the Philippine government’s aggressive pledge to the 26th Conference of the Parties (COP26) Climate Change Summit on carbon emissions reduction, the investors in the energy efficiency (EE) space are batting for higher reclassification on fiscal incentives to be granted to them so the...
The Coordinating Council of Private Educational Associations (COCOPEA) on Monday, Sept. 27, commended the Senate for passing on third and final reading the measure that seeks to clarify that all private schools are entitled to the one percent preferential tax rate under the Corporate Recovery and...
The Senate has approved on third and final reading the measure that seeks to clarify that all private schools –both non-profit and for profit—are entitled to the one percent preferential tax rate under the Corporate Recovery and Tax Incentives for Enterprises (CREATE) Law. Senator Pia Cayetano,...
The Senate approved on second reading Wednesday, September 22, the bill that would ensure that private schools will not be imposed with hefty taxes under the country's laws. (Rio Deluvio/MANILA BULLETIN File Photo) Members of the upper chamber quickly gave their nod to the passage of Senate Bill...
An immersive feast for the senses, a window to worlds that inspire On Sept. 18, 2021, Salcedo Auctions will take you on a journey through worlds that inspire. This year’s The Well-Appointed Life annual sale, which takes place at NEX Tower sale room and online beginning at 2 p.m., carries the...