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Philippine Senate Considers Bill for Implementing CREATE Act with Tax Incentives for Enterprises

  • Philippines Senate considers Bill No. 2654 for implementation of CREATE Act
  • Bill includes measures to amend duty exemption, VAT exemption on imports, and VAT zero rating on local purchases

Source: news.bloombergtax.com

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

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