DTI bullish on Create’s perks regime

The Department of Trade and Industry (DTI) is optimistic that lawmakers would come up with an incentives regime under the proposed Corporate Recovery and Tax Incentives for Enterprises Act (Create) that balances the need to attract investments and generate revenues.

In a recent briefing, Trade Undersecretary Ceferino Rodolfo voiced confidence that most, if not all, of Create would be carried on through the bicameral process and transmitted to Malacañang, as it was already built “on the framework in the Citira” and added elements that would enhance the country’s ability to draw in investments.