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Bicam okays bill amending tax incentives

MANILA, Philippines — A bicameral conference committee approved on Tuesday Congress' final version of the bill on the Corporate Recovery and Tax Incentives for Enterprises to Maximize Opportunities for Reinvigorating the Economy (Create MORE).

Albay 2nd District Rep. Joey Salceda, chairman of the House of Representatives' Committee on Ways and Means, said that 'CREATE MORE builds on the progress achieved by the CREATE Act and responds to emerging developments in the global economy.'