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Pre-CREATE firms to enjoy longer sunset provision

Summary by Inquirer

Companies that had been granted tax breaks even before the enactment of the Duterte-era corporate tax law have until 2034 to enjoy such fiscal perks, giving these firms more time to transition to the revamped incentives system. Such was provided in the implementing rules and regulations (IRR) of Republic Act (RA) 12066 or the Corporate

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Pre-CREATE firms to enjoy longer sunset provision

Companies that had been granted tax breaks even before the enactment of the Duterte-era corporate tax law have until 2034 to enjoy such fiscal perks, giving these firms more time to transition to the revamped incentives system. Such was provided in the implementing rules and regulations (IRR) of Republic Act (RA) 12066 or the Corporate

1 day ago·Manila, Philippines

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Inquirer broke the news in Manila, Philippines 1 day ago on Friday, February 21, 2025.

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