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Philippines: Tax incentives for San Miguel Corporation introduced

Description

On 17 January 2022, the Fiscal Incentives Review Board of the Philippines (FIRB) approved a two-year corporate income tax (CIT) holiday for San Miguel Corp (SMC). SMC is a Minandao-based cement manuf...

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Intervention Details

Intervention Type

Tax or social insurance relief

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

17 Jan 2022

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

firm-specific

Affected Trading Partners

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Affected Sectors

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Affected Products

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