தேசிய வரி ஆராய்ச்சி மையம் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Stay updated with breaking news from தேசிய வரி ஆராய்ச்சி மையம். Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.

Top News In தேசிய வரி ஆராய்ச்சி மையம் Today - Breaking & Trending Today

PEZA warns of investor exodus after key CREATE provision vetoed


April 8, 2021 | 12:32 am
Font Size
AAA
REGISTERED INVESTORS’ inability to apply for new incentives could lead to their departure from the country, the Philippine Economic Zone Authority (PEZA) said on Wednesday.
While it welcomed the signing of Republic Act No. 11534 or the Corporate Recovery and Tax Incentives for Enterprises (CREATE) Act, PEZA noted one of the items vetoed by President Rodrigo R.Duterte may have a “big effect” on the existing foreign direct investors in the country.
The vetoed provision under CREATE would have allowed existing registered businesses to apply for extended incentives for the same activity, which Mr. Duterte called “fiscally irresponsible” and unfair to taxpayers and enterprises with no incentives. ....

Charitob Plaza , Ramonm Lopez , Beatricem Laforga , Juvyc Danofrata , Jeninap Iba , Rodrigor Duterte , Carlosg Dominguez , National Economic , National Tax Research Center , Tax Incentives For Enterprises , Development Authority , Philippine Economic Zone Authority , Republic Act , Corporate Recovery , Tax Incentives , President Rodrigor Duterte , Director General , Planning Tereso Panga , General Charito , Trade Secretary Ramon , Finance Secretary Carlos , Fiscal Incentives Review Board , Finance Assistant Secretary Juvy , தேசிய பொருளாதார , தேசிய வரி ஆராய்ச்சி மையம் , வரி சலுகைகள் க்கு நிறுவனங்கள் ,