Category: CREATE
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Life-saving drugs become VAT-exempt due to CREATE
Under CREATE, live-saving medicines for seven different ailments have become exempted from the 12% VAT
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Private schools deserve full support as our partners in education
The newly signed law entitles all private schools to the 1% preferential tax rate, giving them much-needed reprieve amid the pandemic.
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Pia: Bill clarifies private schools’ tax rates under CREATE
Senator Pia Cayetano: private school institutions are the government’s partners in delivering quality education
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Sponsorship of the bill clarifying the tax rate for all private schools
The partnership between the government and private schools in education is even more crucial today, as our nation deals with the COVID-19 pandemic.
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Q & A on CREATE at the Laging Handa public briefing
CREATE will make our incentives more competitive in ASEAN and lower corporate income taxes to help all businesses
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CREATE passage to end investor uncertainty in PH
“The cloud of uncertainty that has hovered over our country’s investment climate due to unwarranted delays in CREATE’s passage is about to end.”
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Statement on the delayed passage of the CREATE bill
“VAT exemption is already provided in the CREATE bill, which the Senate passed on third and final reading last November 26”
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On the Senate’s passage of the CREATE bill
Statement of Senate Ways and Means Chair Sen. Pia Cayetano on the passage of the CREATE bill