Philippine Senate President expects new Act to boost jobs and investments by lowering taxes.

Senate President Francis "Chiz" G. Escudero expects the CREATE MORE Act, to be signed by President Ferdinand Marcos Jr., to boost job creation and attract new investments in the Philippines. The Act amends the original CREATE Act, lowering corporate income tax rates and simplifying VAT provisions. It aims to make the Philippines more appealing to businesses, potentially increasing foreign direct investment and benefiting local companies.

November 10, 2024
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