The Philippines Department of Finance has issued a release announcing that the final implementing rules and regulations for the new incentives regime under the CREATE Act tax reform by the third week of May 2021.
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New FIRB eyes completion of CREATE IRR on expanded functions, tax incentives ahead of 90-day deadline
The newly reconstituted Fiscal Incentives Review Board (FIRB) aims to complete the implementing rules and regulations (IRR) of the Corporate Recovery and Tax Incentives for E…