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Description
On 8 November 2024, the government of the Philippines issued Republic Act No. 120661, granting a tax concession to domestic enterprises with at least PHP 15 billion (USD 255 million) in foreign invest...
Intervention Details
Intervention Type
Tax or social insurance relief
MAST Chapter
L: Subsidies (excl. export subsidies)
Implementation date
23 Nov 2024
Revocation date
No revocation date
Implementation level
National
Affected flow
Inward
Announced as temporary
No
Eligible firms
all
Affected Sectors
Affected Products
See all
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