S Contained In Memorandum Order No 61 Signed By Duterte On Tuesday But Released To Reporters Thursday Under The News Today : Breaking News, Live Updates & Top Stories | Vimarsana

President Rodrigo Roa Duterte (File photo) MANILA - President Rodrigo R. Duterte has approved the 2022 Strategic Investment Priority Plan (SIPP) which aims to identify industries to which the government hopes to attract investment by offering tax incentives. The 2022 SIPP, which will be a companion document to the Corporate Recovery and Tax Incentives for Enterprises (CREATE) law, is contained in Memorandum Order No. 61 signed by Duterte on Tuesday but released to reporters on Thursday. Under the memorandum, activities listed in the 2020 Investment Priorities Plan (IPP) were retained and included under Tier I of the newly formulated SIPP. Duterte signed the 2020 IPP on Nov. 18, 2020. It took effect on Dec. 6, 2020. The IPP is the government's blueprint of priority economic activities that qualify for fiscal incentives. It covers the production or manufacture of medicines, medical equipment, and devices, personal protective equipment (PPE), surgical equipment, and supplies, among ot ....

Rodrigor Duterte , Department Of Science , Technology National Academy Of Science , Committee On Ways , Tax Incentives For Enterprises , Philippine Development Plan , Investment Priority Plan , Corporate Recovery , Tax Incentives , Memorandum Order , Priorities Plan , Board Resolution , Inclusive Innovation Industrial Strategy , National Academy , President Rodrigo Roa Duterte File Photo Manila Rodrigor Has Approved The 2022 Strategic Investment Priority Plan Sipp Which Aims To Identify Industries Government Hopes Attract By Offering Tax Incentives , Hich Will Bea Companion Document To The Corporate Recovery And Tax Incentives For Enterprises Create Law , S Contained In Memorandum Order No 61 Signed By Duterte On Tuesday But Released To Reporters Thursday Under The , Ctivities Listed In The 2020 Investment Priorities Plan Ipp Were Retained And Included Under Tieri Of Newly Formulated Sipp Duterte Signed On Nov 18 , 020 It Took Effect On Dec 6 , 020 The Ipp Is Government 39s Blueprint Of Priority Economic Activities That Qualify For Fiscal Incentives It Covers Production Or Manufacture Medicines , Medical Equipment , End Devices , Personal Protective Equipment Ppe , Surgical Equipment , Hand Supplies , Mong Others Tier Ii Was Defined As Activities Quot Envisioned To Promotea Competitive And Resilient Economy Fill In Gaps The Philippines 39 Industrial Value Chains ,