Create More
The Philippine Star|November 14, 2024
In line with efforts to attract more investments, President Marcos has signed into law Republic Act 12066, which broadens fiscal incentives and lowers the corporate income tax on certain foreign enterprises.

Called the Corporate Recovery and Tax Incentives for Enterprises to Maximize Opportunities for Reinvigorating the Economy Act, CREATE MORE has been welcomed by the business community.

As in any move to reduce taxes, the government stands to lose a substantial amount of revenue under CREATE MORE. Fiscal managers are hoping that the loss of nearly P6 billion will be only for the short term, and will be offset by the entry of more foreign direct investments as well as expansion of domestic enterprises and the creation of more jobs.

هذه القصة مأخوذة من طبعة November 14, 2024 من The Philippine Star.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

هذه القصة مأخوذة من طبعة November 14, 2024 من The Philippine Star.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

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