Investment Incentives

By: Roy Stephen C. Canivel, Daily Inquirer, Sep 12, 2018 More than a quarter of Japanese firms located in economic zones in Cebu plan to pull out their investments in the country if an opposed tax reform pushes through.

by Michelle Ong, ABS-CBN News, Apr 26, 2018 MANILA – Some Japanese companies may relocate their operations to other countries in Southeast Asia if fiscal incentives are removed in the second package of tax reforms in the Philippines, the head of the Japanese business lobby warned on Thursday.

by Roy Stephen C. Canivel, Inquirer, Feb 28, 2018 New investment pledges in the manufacturing sector plunged last year to almost 50 percent due to the uncertainty brought by the tax reform law, top officials of the Philippine Economic Zone Authority (PEZA) said on Wednesday.

By Richmond Mercurio (The Philippine Star), Oct 20, 2017 MANILA, Philippines — The Philippines has now tied Vietnam in terms of labor cost attractiveness for manufacturing companies, according to Japanese investors, but the country still has a slight competitive advantage over its regional peers due to the set of incentives provided by the Philippine Economic…

By Atty. Eugene m. pulga (The Philippine Star), Aug 8, 2017 With the passage of House Bill (HB) No. 5636 in the House of Representative on May 31 and pending deliberation of Senate Bill (SB) No. 1408 in the Senate, much has been discussed about the reforms being proposed on the current National Internal Revenue…

By Prinz Magtulis (The Philippine Star), Apr. 28, 2016 MANILA, Philippines – The government granted most income tax holidays (ITH) to underperforming sectors over the past few years, highlighting the need to restructure incentives that have taken more than P80 billion in state revenues.