Announcement
25 May 2022
In May 2022, the Fiscal Incentives Review Board of the Philippines (FIRB) provided tax incentives for four telecommunication service providers.
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Number of interventions
3
2 certainly harmful
0 likely harmful
1 liberalising
List of interventions
Implementation date
25 May 2022
Revocation date:
No revocation date
Updated: 25 May 2022
Tax or social insurance relief
In force
On 3 August 2021, the Fiscal Incentives Review Board of the Philippines (FIRB) granted a tax concession to four telecommunication service providers in the form of import duty exemptions o...
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Implementation date
25 May 2022
Revocation date:
No revocation date
Updated: 25 May 2022
Import tariff
In force
On 25 May 2022, the Fiscal Incentives Review Board of the Philippines (FIRB) approved import duty exemptions on capital equipment and raw materials for the following four Philippines-based telecomm...
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Implementation date
25 May 2022
Revocation date:
24 May 2026
Updated: 25 May 2022
Tax or social insurance relief
In force
On 25 May 2022, the Fiscal Incentives Review Board of the Philippines (FIRB) approved a four-year corporate income tax (CIT) exemption for the following four telecommunication service providers:
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