“We hope that [in this] coming 2021, we will be able to attract more foreign direct investments in the country, keep the Peza brand of service renowned worldwide, and help the Philippine economy bounce back and even become a self-reliant, self-sustaining and resource-generating investment haven in Asia,” she added.
In November last year, the Senate passed the Corporate Recovery and Tax Incentives for Enterprises bill, the latest iteration of a tax reform package that sought to cut corporate taxes and rationalize tax breaks. Peza has been opposing such moves as far back as three years ago.
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