Create Law News Today

LOCAL economists have raised alarm bells over the Corporate Recovery and Tax Incentives for Enterprises Maximize Opportunities for Reinvigorating the Economy (Create More) bill, saying this may only allow businesses to keep their incentives longer. In a statement on Tuesday, Action for Economic Reforms (AER) said the Senate should protect…

AS promised, lawmakers are pursuing the initiative to redress the inconsistency between the Corporate Recovery and Tax Incentives for Enterprises (Create) law and its implementing rules and regulations (IRR); and similar gaps in the value-added tax (VAT), in a bid to encourage better compliance, avoid stunting business growth and shore…

TO prepare for the consequences of the imposition of the global minimum corporate tax, the House Committee on Ways and Means approved last Tuesday several proposals aimed at enhancing Republic Act (RA) 11534 or the “Create” law. Albay Rep. Joey Sarte Salceda said his committee put forward the unnumbered substitute…

SUBIC BAY FREEPORT: Without any hesitation, the Senate has approved the P681 million proposed of the Subic Bay Metropolitan Authority (SBMA) for fiscal year 2024 during a plenary session at the Senate on Tuesday, November 14.

MEMBERS of the House Committee on Ways and Means said last Tuesday that it is now considering the removal of the proposed motu proprio power of the President to grant tax incentives under the new bill amending the Corporate Recovery and Tax Incentives for Enterprises (Create) law or Republic Act…

DO a web search for refund and you will end up with over a billion results, many associated with dissatisfaction on the part of a customer. A refund is given by a seller to a customer who is not happy with a product or a service. Sellers often promise that if a customer is not satisfied with a purchase, the amount paid will be refunded, no questions asked. One can view a refund as a noble act by a granting party by way of appeasing a dissatisfied party.

SUBIC Bay Freeport: More than 5,000 jobs will be offered as Nidec Subic Philippines Corp. expands its operations here at the countrys premier freeport.

THE Philippine Economic Zone Authority (PEZA) and the German-Philippine Chamber of Commerce and Industry (GPCCI) have reaffirmed their partnership to promote the country as an investment destination for German companies.

P750 wage hike proposal filed in Congress

Structural reforms passed to lure foreign investments