Senator Juan Miguel "Migz" Zubiri has sponsored a measure that seeks to amend the Freeport Area of Bataan Act to further strengthen the Authority of the Freeport Area of Bataan (AFAB), emphasizing that enhancing its powers will pave the way for more investments and job opportunities while...
Senate President Francis "Chiz" Escudero on Sunday, November 10 said he expects the Corporate Recovery and Tax Incentives for Enterprises to Maximize Opportunities for Reinvigorating the Economy (CREATE MORE) Act to generate new jobs domestically and attract more foreign investments in the...
House of Representatives (Ellson Quismorio/ MANILA BULLETIN) The CREATE MORE bill--which seeks to make the country's tax regime both compliant with the minimum global tax and at the same time remain competitive--is now just President Marcos'...
The Department of Finance (DOF) announced that the Corporate Recovery and Tax Incentives for Enterprises (CREATE) Act has already attracted over a trillion pesos in investment capital. According to a Facebook post by the DOF, projects approved under the CREATE Act, which aims to address...
The Department of Finance (DOF) has reported that the implementation of the Corporate Recovery and Tax Incentives for Enterprises (CREATE) Law has spurred investment worth over P720 billion.Under the CREATE law, the government has provided tax incentives to major projects amounting to a total...
Senator Imee Marcos said she doesn't take it personally when President Ferdinand "Bongbong" Marcos Jr. decided to veto the bill that would have established the Bulacan Airport City Special Economic Zone and Freeport.
"Trabaho lang, walang personalan at walang kapatiran (It's just...
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.
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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 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...
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 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...
The House of Representatives on Monday, August 23 passed on third and final reading the bill that proposes to define tax rates for proprietary schools in order to allow them to avail of the 10-percent preferential rate on taxable income.
STUDENTS
With all 203 members present voting in the...