Strategic Investment Priority Plan undergoes significant makeover

  • 📰 manilabulletin
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 51%

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

Strategic Investment Priority Plan undergoes significant makeover READ: MBOpinions

The Philippines’ list of preferred areas of economic activities that the government will be granting juicy tax and incentive packages to is undergoing significant makeover with the implementation of the CREATE Law.

As such, the Philippines’ new industrial policy must strengthen competitiveness by adoption of advanced technologies in agriculture, manufacturing and services through structural change and industrialization. Under the CREATE Law, investors in these economic activities are entitled to a package of tax incentives and facilitation by the government under the Tier 1 classification, without prejudice to upgrade to Tiers II and III if qualified.

 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.
Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 25. in SE

Sverige Senaste nytt, Sverige Rubriker