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Description
On 26 March 2021, the Philippines issued the Corporate Recovery and Tax Incentives for Enterprises Act (CREATE Act) to provide an income tax holiday (ITH) of four to seven years for export enterprises...
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Intervention Details
Intervention Type
Tax-based export incentive
MAST Chapter
P: Export-related measures (incl. subsidies)
Implementation date
11 Apr 2021
Revocation date
No revocation date
Implementation level
National
Affected flow
Outward subsidy
Announced as temporary
No
Eligible firms
all
Affected Trading Partners
Table
Affected Sectors
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Affected Products
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