By: Atty. Euney Marie Mata-Perez on August 14,2025
SHAREPHIL (Shareholders Association of the Philippines Inc.) on Aug. 8 hosted another well-attended forum, with Securities and Exchange Commission (SEC) chairman and SharePHIL past president Francis Edralin Lim as guest speaker.
The forum was...
By: Atty. Euney Marie J. Mata-Perez on August 7,2025
THE Create More Act or Republic Act (RA) 12066 amended Section 294 of the National Internal Revenue Code (Tax Code) to introduce a local tax of not more than 2 percent, which can be imposed by local government units (LGUs) on registered business...
By: Raida Argeli Grefiel on July 31,2025
IN criminal cases filed by the state against an individual or entity accused of violating a law or ordinance, the People of the Philippines stand as plaintiff or initiator of the lawsuit.
Because of the weight of criminal prosecutions, there are long-standing...
By: Atty. Lew Earvin Manarin on July 24,2025
THE Create More Act (Republic Act 12066) and its implementing regulations introduced key amendments to the VAT refund and tax credit system in the National Internal Revenue Code (the “Tax Code”). These reforms, aimed at simplifying and expediting the...
By: Atty. Rio Krisel Bautista on July 17,2025
THE Create More Act or Republic Act 12066 was passed to improve our country’s competitiveness and make the grant and availment of incentives more equitable and efficient.
Aside from making it easier for export-oriented enterprises to avail of value-added...
By: Euney Marie Mata-Perez on July 10,2025
LAST week, we discussed amendments introduced by Republic Act 12214, or the “Capital Markets Efficiency Promotion Act” (Cmepa).
Cmepa’s key policy consideration is to allow our capital markets to develop as efficiently as possible, with the least intervention,...
By: Atty. Euney Marie Mata-Perez on July 3,2025
ON May 29, Republic Act (RA) 12214, or the Capital Markets Efficiency Promotion Act (Cmepa), was signed into law, amending certain provisions of the National Internal Revenue Code (“Tax Code”). It took effect on July 1.
Cmepa was passed for the...
By: Atty. Rey Christian M. Guintibano on June 26,2025
IN our article published on June 19, 2025, we discussed the requirement under Republic Act 12066, or the Corporate Recovery and Tax Incentives for Enterprises to Maximize Opportunities for Reinvigorating the Economy (Create More), for export-oriented...
By: Atty. Euney Marie Mata-Perez on June 19,2025
ON June 10 and 11, I conducted a lecture series, courtesy of the Center of Global Best Practices, on the various implementing rules and regulations in Republic Act (RA) 12066, or Corporate Recovery and Tax Incentives for Enterprises to Maximize...