LAST Oct. 9, 2024, the enrolled copy of the Corporate Recovery and Tax Incentives for Enterprises to Maximize Opportunities for Reinvigorating the Economy (Create More) bill was sent to the Office of the President for President Ferdinand Marcos Jr.'s signature.
Create More aims to further drive investment and economic recovery in the Philippines and offers several advantages for taxpayers, including enhancing the tax incentives regime for registered business enterprises (RBEs), clarifying existing rules and policies on the grant and administration of fiscal incentives and fostering a favorable investment climate for foreign investors.
