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Philippines: FIRB grants tax incentives to four telecommunications providers

Description

On 25 May 2022, the Fiscal Incentives Review Board of the Philippines (FIRB) approved a four-year corporate income tax (CIT) exemption for the following four telecommunication service providers: Conv...

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Intervention Details

Intervention Type

Tax or social insurance relief

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

25 May 2022

Revocation date

24 May 2026

Implementation level

National

Affected flow

Inward

Announced as temporary

Yes

Eligible firms

firm-specific

Affected Trading Partners

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Affected Sectors

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Affected Products

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