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FIRB approves tax incentives for P2.5-billion manufacturing project

  • Post published:December 6, 2022

The Fiscal Incentives Review Board (FIRB) approved the tax incentives application of TDK Philippines Corporation (TPC) for the manufacturing of microwave-assisted magnetic recording sliders (MAMR-Slider). The P2.5 billion project was…

Continue ReadingFIRB approves tax incentives for P2.5-billion manufacturing project

FIRB clarifies news circulating on the extension of WFH arrangement for IT-BPM enterprises

  • Post published:September 1, 2022

The Fiscal Incentives Review Board (FIRB) clarified that the information being circulated on the extension of the work-from-home (WFH) arrangement for the Information Technology and Business Processing Management (IT-BPM) sector…

Continue ReadingFIRB clarifies news circulating on the extension of WFH arrangement for IT-BPM enterprises

FIRB bares non-compliance of IPAs with CREATE reportorial requirements

  • Post published:June 21, 2022

The Fiscal Incentives Review Board (FIRB) Secretariat has revealed that only four investment promotion agencies (IPAs) have complied fully with the requirement under the Corporate Recovery and Tax Incentives for…

Continue ReadingFIRB bares non-compliance of IPAs with CREATE reportorial requirements

FIRB finds PEZA clueless on actual investments made by locators who enjoy tax incentives

  • Post published:June 15, 2022

The Philippine Economic Zone Authority (PEZA) does not track the inflow of actual investments made by its registered business enterprises (RBEs) since the implementation of the Corporate Recovery and Tax…

Continue ReadingFIRB finds PEZA clueless on actual investments made by locators who enjoy tax incentives

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