Global Trade Alert
Global Trade Alert

Philippines: Tax incentives for San Miguel Corporation introduced

Announcement

17 Jan 2022

In January 2022, the Fiscal Incentives Review Board of the Philippines (FIRB) approved import duty exemptions on raw materials and a two-year corporate tax holiday for San Miguel Corp. 

Source

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Number of interventions

3

2 certainly harmful

0 likely harmful

1 liberalising

List of interventions

Implementation date

17 Jan 2022

Revocation date:

No revocation date

Announced: 17 Jan 2022
Tax or social insurance relief In force
On 17 January 2022, the Fiscal Incentives Review Board of the Philippines (FIRB) granted a tax concession to San Miguel Corp (SMC) in the form of import duty exemptions on raw materials. The firm-spec...
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Announced: 17 Jan 2022
Tax or social insurance relief In force
On 17 January 2022, the Fiscal Incentives Review Board of the Philippines (FIRB) approved a two-year corporate income tax (CIT) holiday for San Miguel Corp (SMC). SMC is a Minandao-based cement manuf...
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Implementation date

17 Jan 2022

Revocation date:

No revocation date

Announced: 17 Jan 2022
Import tariff In force
On 17 January 2022, the Fiscal Incentives Review Board of the Philippines (FIRB) approved import duty exemptions on raw materials for San Miguel Corp. (SMC). SMC is a Minandao-based cement manufactur...
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Harmful Trade Policy Measures

This Thread tracks harmful trade policy interventions affecting all products. Covering all types of interventions monitored by Global Trade Alert, it highlights how the yearly number of these measures has evolved over time.

Published: 04 Sep 2024

70619

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Liberalising Trade Policy Measures

This Thread tracks liberalising trade policy interventions affecting all products. Covering all types of interventions monitored by Global Trade Alert, it highlights how the yearly number of these measures has evolved over time.

Published: 04 Sep 2024

14450

interventions

186

jurisdictions