The Fiscal Incentives Review Board (FIRB) has released the guidelines on FIRB Resolution No. 19-21, which allows Information Technology Business Process Management (IT-BPM) enterprises in economic zones to adopt a…
The Fiscal Incentives Review Board (FIRB) has approved the grant of tax incentives for a mass housing project and two cement manufacturing plants all located outside Metro Manila and worth…
Fiscal incentives enjoyed by favored enterprises have cost the government P481.7 billion in foregone revenues in 2019 alone, or a year before the landmark congressional approval of the law that…
Finance Secretary Carlos G. Dominguez III and Trade and Industry Secretary Ramon M. Lopez signed on Monday, 21 June 2021, the Implementing Rules and Regulations (IRR) of the Corporate Recovery…
The Fiscal Incentives Review Board (FIRB) has adopted the framework for the grant of incentives to qualified industries under the government’s Strategic Investment Priorities Plan (SIPP) that aims to attract…
Finance Secretary Carlos Dominguez III said Monday the game-changing reforms carried out by the government over the last five years have cemented the country’s overall macroeconomic stability–and indicate that “expectations…
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 Enterprises Act (CREATE) Act by…
Finance Secretary Carlos Dominguez III wants the newly reconstituted Fiscal Incentives Review Board (FIRB) to meet at the earliest possible time to discuss the body’s expanded functions under the Corporate…
Finance Secretary Carlos Dominguez III has lauded the timely enactment of the Corporate Recovery and Tax Incentives for Enterprises (CREATE) Act, a law signed by President Duterte primarily to provide…
