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Philippines: Relaxed tax requirements for export enterprises under the CREATE Act

Description

On 26 March 2021, the Philippines issued the Corporate Recovery and Tax Incentives for Enterprises Act (CREATE Act) to provide import duty exemptions on capital equipment, raw materials, spare parts, ...

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Intervention Details

Intervention Type

Import tariff

MAST Chapter

Tariff measures

Implementation date

11 Apr 2021

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

all

Affected Trading Partners

Graph

Table

Affected Sectors

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Affected Products

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Threads

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