Several business groups are urging the Senate to immediately pass the Real Property Valuation and Assessment Reform (RPVAR) Act. This is part of Package 3 of the Comprehensive Tax Reform Program (CTRP) of the Duterte administration.
Republic Act (RA) No. 11534, otherwise known as the Corporate Recovery and Tax Incentives for Enterprises (CREATE) Act was created by the Philippine Congress in response to the COVID-19 pandemic as a fiscal relief to domestic and foreign corporations doing business in the Philippines.
Senate President Pro Tempore Ralph Recto urges the government to procure COVID-19 vaccines for the Philippines for 2022.
Pursuant to the Press Briefing of Presidential Spokesperson Harry Roque on March 27, some of the major areas in the Philippines are once again under the Enhanced Community Quarantine (ECQ). Learn about the changes introduced by the recently-announced proclamation.
Camarines Sur Representative LRay Villafuerte calls for the House of Representatives to prioritize the COVID-19 vaccination program over the committee’s move on amending the 1987 constitution amid the COVID-19 pandemic.
Pursuant to Inter-Agency Task Force (IATF) Resolution No. 104, some of the major areas in the country are once again under a stricter General Community Quarantine (GCQ). Learn about the changes introduced by the recently-implemented resolution on March 21, 2021.
President Rodrigo Duterte signs a bill that allows the government to set up an indemnity fund worth ₱500 million to individuals who may suffer adverse reactions or side effects after receiving the vaccine under the COVID-19 vaccination program.
The Trade Union Congress of the Philippines (TUCP) appeals to the government to provide a monthly wage subsidy of ₱11,000 to “new poor” workers severely affected by the COVID-19 pandemic.
Philippine Economic Zone Authority (PEZA) Chief Charito B. Plaza repeats her call to permit investors to keep their current fiscal incentives, exempting them from the new tax regime.
The Department of Finance (DOF) Secretary Carlos Dominguez III praises the role of the Corporate Recovery and Tax Incentives for Enterprises (CREATE) bill in attracting investments for renewable energy in the Philippines.