A business group is backing the Department of Finance’s bid to pass the “Corporate Recovery and Tax Incentives for Enterprises” or the Create Act, which the government said would help businesses recover amid the coronavirus disease (Covid-19)...
Sen. Pia Cayetano on Wednesday sponsored on the Senate floor a bill seeking a definite end to tax perks given to investors in the Philippines, a priority of the Duterte government. Senate Bill No. 1357, or the proposed Corporate Income Tax and Incentives...
By PressOnePH Business Foreign direct investments (FDI) to the Philippines are on a downtrend so far this year, no thanks to the reluctant Japanese, the country’s biggest investors.Concerns over the government’s advancing push for a reduction in tax perks...