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House panel preps Create More Bill for plenary debates this week - Vimarsana News

House panel preps Create More Bill for plenary debates this week

IN a bid to stimulate economic growth and innovation, the House Committee on Ways and Means has finalized the proposed Corporate Recovery and Tax Incentives for Enterprises Act (Create More), which seeks to establish a 20-percent income tax rate for both domestic and foreign corporations under the enhanced deduction income…