The Rationalization of Fiscal Incentives Bill, which has been pending for over a decade now, is one of the priority measures of the15th Congress. The Joint Foreign Chambers (JFC) believes the passage of this bill is critical to the Government’s aim of increasing the Philippines’ competitiveness in terms of attracting foreign investments and that now is an opportune time for this bill to finally become a law. In this statement, the JFC relays its suggestions for further refinements to the House of Representatives’ Substituted Bill and was submitted for the consideration of the Committee of Ways and Means chaired by Hon. Ralph G. Recto.
Download the JFC Statement on Rationalization of Fiscal Incentives in PDF format
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