Latest Philippine news from GMA News and 24 Oras. News, weather updates and livestreaming on Philippine politics, regions, showbiz, lifestyle, science and tech.
With a vote of 23-0-0, the Senate on Monday passed on third and final reading Senate Bill 2762 or the Corporate Recovery and Tax Incentives for Enterprises to Maximize Opportunities for Reinvigorating the Economy Bill.
Under CREAT MORE, goods and services of essential services such as janitorial, security, financial consultancy, marketing, and human resources are exempted from value-added tax .To simplify the tax process for businesses, the measure also introduces not more than 2% Registered Business Enterprise Local Tax based on gross income.
CREATE MORE Bill Business Tax Incentives Philippine Economy
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Senate OKs on third reading Health Care law amendments expanding govt assistanceSen. JV Ejercito said the approval of Senate Bill (SB) 2620 was 'an example of how legislators unite in crafting laws that will be genuinely felt and appreciated by the people.
Read more »
Philippine Tour Operators Association all set to unveil exciting destinations at 35th Philippine Travel MartDeals, discounts, discoveries and more at the three-day event. August, Paranaque City - The Philippine Tour Operators Association (PHILTOA) is looking forward to welcoming travelers at the 35th Philippine Travel Mart, happening from Sept. 6 to 8 at the SMX Convention Center in Pasay City.
Read more »
Senate OKs Archipelagic Sea Lanes bill on final readingLatest Philippine news from GMA News and 24 Oras. News, weather updates and livestreaming on Philippine politics, regions, showbiz, lifestyle, science and tech.
Read more »
Senate OKs proposed bill amending Universal Healthcare ActLatest Philippine news from GMA News and 24 Oras. News, weather updates and livestreaming on Philippine politics, regions, showbiz, lifestyle, science and tech.
Read more »
Sea lanes measure passes final reading in SenateTHE Senate passed on third and final reading the proposed Philippine Archipelagic Sea Lanes Act.
Read more »
Senate ratifies Philippine Maritime Zones ActDefining the News
Read more »