‘PH needs two separate tax incentive regimes’

The Philippine Economic Zone Authority (PEZA) on Monday called on the Senate to consider two separate regimes of tax incentives for export and for domestic market enterprises.

“The Corporate Recovery and Tax Incentives for Enterprises (Create) bill, which aims to rationalize fiscal incentives for both export and domestic companies, should instead be focused on applying only to the domestic market,” said PEZA Director General Charito Plaza in a statement on Monday.