MANILA, Philippines — The Corporate Recovery and Tax Incentives for Enterprises to Maximize Opportunities for Reinvigorating the Economy Act (CREATE MORE Act or Republic Act No. 12066) is more than a ...
The Philippines has introduced significant tax reforms, reducing the tax burden on companies, aiming to encourage job creation, and boost export revenues. The law, known as “CREATE More”, lowers the ...
SEVERAL jurisdictions since 2024 have either enacted the Pillar Two rules, which set a global minimum corporate tax rate (GMCTR) of 15 percent, or announced legislation for it. This points to a shift ...