SBMA companies briefed on Create Act amendments

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SUBIC BAY FREEPORT – Locators in the country's premier freeport were briefed on the latest amendments on the Corporate Recovery and Tax Incentives for Enterprises (Create) Act by the Subic Bay Metropolitan Authority (SBMA) and the Fiscal Incentives Review Board (FIRB) of the Department of Finance on May 15.

SUBIC BAY FREEPORT – Locators in the country's premier freeport were briefed on the latest amendments on the Corporate Recovery and Tax Incentives for Enterprises Act by the Subic Bay Metropolitan Authority and the Fiscal Incentives Review Board of the Department of Finance on May 15.

The FIRB delegation is composed of Legal Group OIC and deputy executive director Michael Ricaza, legal group head Brandon Berad, Monitoring and Evaluation Group Division chief Lois Ruth Santiago, financial analysts Ria Mariz Nadora and Jessa Mae Rapisora.The FIRB is an inter-agency government body authorized by Philippine law to grant tax incentives to registered business enterprises, whose powers and functions were enhanced under the Create.Last year, Nidec Subic Philippines Corp.

 

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