Incentives should be removed from scope of CITIRA: tax expert

ABS-CBN News

Posted at Sep 27 2019 06:53 PM

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Tax consultant Mon Abrea urges lawmakers to take out incentives from the coverage of CITIRA or the tax reform bill package 2, and make the proposal to rationalize them a separate bill. Abrea argues, incentives are a marketing tool to attract foreign investors, which should be placed under the trade department and not the finance department.