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Congress set to ratify CREATE bicam report

February 2, 2021 | 12:33 am Font Size PHILIPPINE STAR/MICHAEL VARCAS THE PROPOSED Corporate Recovery and Tax Incentives for Enterprises Act (CREATE), as approved by the Bicameral Conference Committee, will grant incentives to exporters and “critical” domestic enterprises for up to 17 years. During Monday’s session, Senate Majority Leader Juan Miguel F. Zubiri said the bicameral panel officially approved the measure that reconciled the disagreeing provisions of Senate Bill No. 1357 and House Bill No. 4157. The House of Representatives and the Senate are expected to ratify the report today. “The incentives scheme for registered enterprises under the Senate version would also be retained, save for some changes in the incentives to be granted for both exporters and ‘critical’ domestic market enterprises, and for general domestic market enterprises,” Senator Pia S. Cayetano said in a statement.

Metro manilaPhilippines generalJose maPias cayetanoClementes salcedaCharmainea tadalanSenate majority leader juan miguelf zubiriSenate bill noNational economicDevelopment authorityTax incentives for enterprises actBicameral conference committeeTax incentivesEnterprises actSenate majority leader juan miguelSenate bill

Dominguez urges Congress to focus on passage of doable economic bills to speed up recovery

MANILA, Jan. 26 Finance Secretary Carlos Dominguez III has called on lawmakers to help jumpstart the Philippines’ recovery from the global economic slump unleashed by the lingering COVID-19 pandemic by acting swiftly on “doable” priority measures such as long-due reforms in the corporate income tax (CIT) and fiscal incentives system and easing the inordinate restrictions on foreign ownership in certain sectors of the economy. These priority measures include the proposed Corporate Recovery and Tax Incentives for Enterprises Act (CREATE) and amendments to “anachronistic” laws such as the 84-year old Public Service Act, the Retail Trade Liberalization Act and the Foreign Investments law, Dominguez said at Tuesday s hearing by the House committee on constitutional amendments on the latest initiative on Charter change (Cha-Cha).

Camarines surRepublic ofAlfredo garbin jrAssociation of southeast asian nationsTax incentives for enterprises actRice competitiveness enhancement fundPublic serviceCorporate recoveryTax incentivesEnterprises actPublic service actRetail trade liberalization actForeign investmentsPresident duterteAlfredo garbinSoutheast asian nations

Worst is over but FDI flows seen to remain low

Worst is over but FDI flows seen to remain low
bworldonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bworldonline.com Daily Mail and Mail on Sunday newspapers.

Republic ofSouth koreaBangko sentralLuz wendyJosephr biden jrInternational institute of financeTax incentives for enterprises actBicameral conference committeeInternational instituteCorporate recoveryTax incentivesEnterprises actகுடியரசு ஆஃப்தெற்கு கொரியாலஸ் வெண்டிசர்வதேச நிறுவனம் ஆஃப் நிதி

Strong credit ratings can help PH negotiate for vaccines: solon

Strong credit ratings can help PH negotiate for vaccines: solon
radyonatin.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from radyonatin.com Daily Mail and Mail on Sunday newspapers.

Joey salcedaTax reform programMeans committeeTax incentives for enterprises actRepresentatives waysFitch ratingCorporate recoveryTax incentivesEnterprises actSin taxesComprehensive tax reform programDigital economy taxation actE sabong taxes actFiscal regimeTax amnestyஜோவீ சால்சேட

Strong credit ratings strengthen PH s negotiating position in vaccine procurement —Salceda – Manila Bulletin

Published January 14, 2021, 11:57 PM The “closest and most productive” ties between Congress and the Executive became fruitful, and delivered enduring credit ratings which strengthen the country’s negotiating position in the procurement of COVID-19 vaccines, according to House Ways and Means Chair Albay 2nd District Rep. Joey Sarte Salceda. Rep. Joey Salceda (Cong. Joey Salceda’s office / FILE PHOTO / MANILA BULLETIN) The Lower Chamber’s chief tax policymaker made the observation after Fitch Ratings affirmed the country’s Long-Term Foreign-Currency Issuer Default Rating (IDR) at ‘BBB’, with credit outlook at ‘stable.’ “Our strong credit ratings are the product of the closest and most productive partnership between the House tax committee and the executive’s fiscal policymakers since 1986,” Salceda said in statement.

Joey salceda congJoey salcedaJoey sarte salcedaTax reform programFitch ratingsLower chamberTax incentives for enterprises actHouse waysMeans chair albayJoey sarteLong term foreign currency issuer default ratingCorporate recoveryTax incentivesEnterprises actSin taxesComprehensive tax reform program