Credit to Author: Mayvelin U. Caraballo, TMT| Date: Tue, 25 Feb 2020 16:48:32 +0000
THE government can secure an “A” investment grade credit rating for the Philippines once two crucial tax reform measures are passed, according to a Philippine National Bank (PNB) economist. “In our view, Fitch stands ready to hike the country’s investment credit rating upgrade to the next level if we see [the] passage of key fiscal […]
Read moreCredit to Author: Tyrone Jasper C. Piad| Date: Tue, 25 Feb 2020 16:44:06 +0000
The Philippine Economic Zone Authority (PEZA) called for the immediate passage of the proposed Corporate Income Tax and Incentives Rationalization Act (Citira) to eliminate uncertainties following the recent downsizing of a United States-based bank’s local headquarters and a Japanese car maker’s decision to stop its manufacturing operations in the Philippines. “First is, we have to […]
Read moreCredit to Author: Tyrone Jasper C. Piad| Date: Thu, 21 Nov 2019 16:16:19 +0000
THE Senate will not pass the proposed Corporate Income Tax and Incentives Rationalization Act (Citira) in its current form, according to the American Chamber of Commerce in the Philippines (AmCham). On the sidelines of a forum in Pasay City on Thursday, AmCham Executive Director Ebb Hinchliffe expressed doubt about the bill’s passage, saying if this […]
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