House panel OKs resolution to probe gaps between tax law and collection

MANILA, Philippines --- The House Committee on Ways and Means approved on Monday a resolution seeking to probe inconsistencies in the imposition of taxes on registered business enterprises (RBEs) in special economic zones. The committee, which is headed by Albay 2nd District Rep. Joey Salceda, tackled House Resolution (HR) No. 611. That resolution seeks to review the implementation of Corporate Recovery and Tax Incentives of the National Internal Revenue Code of 1997 as amended by the Corporate Recovery and Tax Incentives for Enterprises Act (CREATE) HR No. 611 was filed by Bataan 1st District Rep. Geraldine Roman last Dec. 5, 2022. The resolution states that the implemen...

Keep on reading: House panel OKs resolution to probe gaps between tax law and collection

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