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PH loses P30B to tax perks, but hopes to attract tenfold in new investments

PH loses P30B to tax perks, but hopes to attract tenfold in new investments
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FIRB approvals hit P288B, says Diokno | The Manila Times

FINANCE Secretary Benjamin Diokno said over the weekend that the Fiscal Incentives Review Board (FIRB), which he chairs, had approved 25 projects with a total investment of P287.9 billion since the beginning of the Marcos administration.

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Tax perks granted to P288 billion projects

Tax perks granted to P288 billion projects
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Govt grants various perks to projects of top PHL firms

The government extended incentives to 25 various projects nationwide with total investments of P287.947 billion during the first year of the Marcos Jr. administration. The projected amount of incentives or the foregone revenues by the state was at nearly P30 billion, according to the Department of Finance (DOF). Finance officials…

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FIRB grants tax incentives to 25 projects - BusinessWorld Online

FIRB grants tax incentives to 25 projects - BusinessWorld Online
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