Monday, May 4, 2026
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Tag: CREATE Act

82 companies seek to tap enhanced incentives under CREATE MORE Act

More than 82 projects registered with the Board of Investments (BOI) expressed interest in transferring their incentives accreditation from the CREATE Act to the...

Gatchalian: Prioritize meds exempt from VAT

Senator Sherwin Gatchalian is calling on drugstores and retailers to prioritize the availability of medicines exempt from value-added tax (VAT). “Drugstores and retailers must ensure...

CREATE law seen creating 100,000 jobs

The Department of Finance (DOF) said projects under the Corporate Recovery and Tax Incentives for Enterprises (CREATE) Act are expected to generate nearly 100,000...

Salceda: Tax the rich through ‘immovable wealth, conspicuous consumption’

House Ways and Means Committee chair Albay Rep. Joey Sarte Salceda said the government should tax the rich to raise funds for public services,...

Meralco’s consolidated core income climbed 15% to P13.1b in 6 months

Manila Electric Co. (Meralco) posted a 15-percent increase in its consolidated core net income (CCNI) in the first six months to P13.1 billion from...

DTI cites Salceda’s contributions to economic recovery

The Department of Trade and Industry (DTI) has cited the legislative contributions of Albay Rep. Joey Sarte Salceda, chair of the House Committee on...

Salceda to focus on his district’s competitiveness, more crucial nat’l policies

Albay Rep. Joey Salceda said he will spend his third term in Congress in promoting further the competitiveness of his district and province, and...

Salceda cites financing need of agri sector

Albay Rep. Joey Salceda, House ways and means committee chairperson, is batting for the inclusion of the agricultural sector under Republic Act 11534 or...

Rogue moves against private schools again?

"The President should immediately pass the law."   With all the raging controversies and multi-layered crisis of the pandemic plus heating political intramurals, it looks like...

Senators cross party lines for correct private schools’ tax

Private school associations have lauded members of the Senate for crossing party lines to pass a bill on second reading that will prevent the...

‘Private schools enrollment plunges 66% amid pandemic’

Private school associations urged the Senate to expedite the approval of a bill that aims to rectify a Bureau of Internal Revenue regulation imposing...

Private schools seek passage of bill on tax relief

The country’s largest associations of private schools expressed hope the Senate will soon pass Senate Bill No. 2272, granting preferential tax rates to educational...

Domninguez, Lopez sign CREATE rules

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Bias of tax policy should be revenue raising

"CREATE embodies a bias in the opposite direction with dim prospects of success."       A few months ago, President Rodrigo Duterte of the CREATE (Corporate Recovery...
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