Bicameral Committee passes the CREATE Act

The Bicameral Conference Committee has approved the reconciled version of House Bill No. 4157 and Senate Bill 1357 of the Corporate Recovery and Tax Incentives for Enterprises (CREATE)  Act on 01 February 2021. Both Houses had respectively settled the disagreeing provisions of the act.  The ratified final version is now ready for the signature of President Rodrigo Roa Duterte.

Continue reading “Bicameral Committee passes the CREATE Act”