Event Details
The Legislative Committee (LegCom) online regular meeting on December 16, 2020 (Wednesday) from 9:30 to 11:30 AM via Zoom will be a joint committee meeting with the Financial Services, Tariffs and Taxes (FSTT) Committee.
In addition to the usual update of the status of priority legislation of the Joint Foreign Chambers and Philippine Business Groups, this meeting will focus on the status and content of CREATE (corporate income tax and fiscal incentives) which has recently been approved in the Senate. CREATE will reduce taxes for all corporations but also may have important tax consequences for firms.