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

Description

On 26 March 2021, following the issuance of the Philippines issued the Corporate Recovery and Tax Incentives for Enterprises Act (CREATE Act), the Philippines exempted the VAT on importations carried ...

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Intervention Details

Intervention Type

Internal taxation of imports

MAST Chapter

F: Price-control measures, including additional taxes and charges

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

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Affected Products

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