Weekly wrap of events of the week peppered with context, commentary and opinion by a superstar panel. Click here to support Newslaundry: http://bit.ly/paytokeepnewsfree Hosted on Acast. See acast.com/privacy for more information.
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Concerns over the new CREATE MORE act
Manage episode 450914798 series 2910458
Contenido proporcionado por BusinessWorld. Todo el contenido del podcast, incluidos episodios, gráficos y descripciones de podcast, lo carga y proporciona directamente BusinessWorld o su socio de plataforma de podcast. Si cree que alguien está utilizando su trabajo protegido por derechos de autor sin su permiso, puede seguir el proceso descrito aquí https://es.player.fm/legal.
Philippine President Ferdinand “Bongbong” Marcos Jr. has signed the CREATE MORE Act this November, a law that promises to attract more foreign investments and boost economic growth by reducing the corporate income tax rate from 25% to 20% for registered business enterprises (RBEs).
The CREATE MORE Act also offers a VAT zero-rating on essential services like marketing and human resources, among others, that are "directly attributable" to the registered project or activity of a registered company.
However, some economic experts have expressed concern that the newly signed law could potentially create more problems and undermine the existing CREATE Law, which was signed in March 2021.
To take a closer look at CREATE MORE, we spoke with Pia Rodrigo, a Communications Officer at Action for Economic Reforms.
222 episodios
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Manage episode 450914798 series 2910458
Contenido proporcionado por BusinessWorld. Todo el contenido del podcast, incluidos episodios, gráficos y descripciones de podcast, lo carga y proporciona directamente BusinessWorld o su socio de plataforma de podcast. Si cree que alguien está utilizando su trabajo protegido por derechos de autor sin su permiso, puede seguir el proceso descrito aquí https://es.player.fm/legal.
Philippine President Ferdinand “Bongbong” Marcos Jr. has signed the CREATE MORE Act this November, a law that promises to attract more foreign investments and boost economic growth by reducing the corporate income tax rate from 25% to 20% for registered business enterprises (RBEs).
The CREATE MORE Act also offers a VAT zero-rating on essential services like marketing and human resources, among others, that are "directly attributable" to the registered project or activity of a registered company.
However, some economic experts have expressed concern that the newly signed law could potentially create more problems and undermine the existing CREATE Law, which was signed in March 2021.
To take a closer look at CREATE MORE, we spoke with Pia Rodrigo, a Communications Officer at Action for Economic Reforms.
222 episodios
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Similar a BusinessWorld B-Side
Weekly wrap of events of the week peppered with context, commentary and opinion by a superstar panel. Click here to support Newslaundry: http://bit.ly/paytokeepnewsfree Hosted on Acast. See acast.com/privacy for more information.
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continue reading
Diane Rehm’s weekly podcast features newsmakers, writers, artists and thinkers on the issues she cares about most: what’s going on in Washington, ideas that inform, and the latest on living well as we live longer.
…
continue reading
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The UK Column is an independent news organisation analysing the information war.
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In August of 1619, a ship carrying more than 20 enslaved Africans arrived in the English colony of Virginia. America was not yet America, but this was the moment it began. No aspect of the country that would be formed here has been untouched by the 250 years of slavery that followed. On the 400th anniversary of this fateful moment, it is time to tell the story. “1619” is a New York Times audio series hosted by Nikole Hannah-Jones. You can find more information about it at nytimes.com/1619pod ...
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