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Tax Notes: BIR prior approval on VAT zero-rating of qualified purchases of Registered Export Enterprises (REEs) no longer required
Neda releases implementing rules on foreign ownership
The Department of Finance has opposed calls to evaluate the Corporate Recovery and Tax Incentives for Enterprises Act as it maintained that fiscal prudence must be exercised in the tax perks regime.
Philippine Matiere, head of the MEDEF delegation, said the move to liberalize the business climate in the country could prove beneficial for French companies.
Tax Notes: Firb allows IT-BPM registered business enterprises to transfer registration to BOI until Dec. 31