THE Philippine Economic Zone Authority (PEZA) and its industry partners have submitted their proposed “enhancements” to the Corporate Income Tax and Incentives Reform Act (Citira).
In a statement on Thursday, PEZA Director General Charito Plaza said these enhancements submitted to the Senate last week sought to extend the transition period for the shift from PEZA’s current tax incentives to new ones under Citira to 15 years.
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