Tag page - oil refiners

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...

            Taxation is not causing oil refiners to go out of business, the Duterte administration’s chief economic managers maintained.            Finance Secretary Carlos G. Dominguez III...