CITIRIA will reduce corporate income tax from 30 percent to 20 percent over a 10-year period as well as rationalize specific tax incentives.

On 1 September 2022, the Build-OperateTransfer Law Implementing Rules and Regulations (IRR) Committee approved the Revised 2022 IRR of Republic Act No. 6957, as amended by Republic Act No.

With a rising economy poised to be in the top 20 globally by 2050, a robust English-proficient workforce owing to its population of over 110 million with a median age of 25.

Summary : Outsourcing is considered as one of the bright spots in the Philippine economy. It will be a major driver of growth for the next five years. The Philippine Government has enacted several policy directives to attract foreign investment in this area, including tax incentives, customs perks, and a favorable labor policy. Several of these tax and fiscal incentives are discussed in this article.