CITIRA

by Lawrence Agcaoili (The Philippine Star), 27 Jan 2020 MANILA, Philippines — Foreign direct investment inflows could exceed $10 billion and revisit record highs this year once the second package of the government’s Comprehensive Tax Reform Program (CTRP) is passed.

by Rey Gamboa (The Philippine Star), 29 Oct 2019 The latest twist in the tussle over the wordings of the proposed Corporate Income Tax and Incentives Rationalization Act (CITIRA), most recent being the “surrender” of the Philippine Economic Zone Authority to the controversial removal of the current gross income taxation scheme for economic zone locators,…

By Elijah Felice Rosales, Business Mirror, 12 Oct 2019 The refueling and logistics oiler USNS John Ericsson leaves Subic Bay, in the Subic Bay Freeport Zone. The Department of Trade and Industry (DTI) will be asking lawmakers to put up a cash fund that will be used to provide monthly allowance to workers that economic…

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by Ben O. de Vera, Philippine Daily Inquirer, 30 Sep 2019 The chief lobbyist and so-called “poster boy” of the Duterte administration’s comprehensive tax reform program on Monday, Sept. 30, challenged a group of foreign businessmen in the Philippines to prove its claim that 700,000 jobs would be lost if tax incentives were revised as…

By: Ben O. de Vera, Philippine Daily Inquirer, 30 Sep 2019 The Philippine Economic Zone Authority (Peza) has been peddling “erroneous and misleading” information in its effort to oppose the Corporate Income Tax and Incentives Reform Act (Citira), the Department of Finance (DOF) alleged.

by Wilmer T. Tardio (The Philippine Star) – 24 Sept 2019 As a second tranche of the comprehensive tax reform package, House Bill 4157, also known as the Corporate Income Tax and Incentives Rationalization Act (CITIRA), which replaced the Tax Reform for Attracting Better and High-quality Opportunities (TRABAHO) bill, was approved by the House of…