CREATE MORE bill hurdles Senate 3rd reading vote

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CREATE MORE bill hurdles Senate 3rd reading vote - Business Mirror

Quick Summary:

SENATORS on Monday voted on third and final reading for passage of the CREATE MORE bill, the measure meant to improve on the CREATE law and address gaps in fiscal policy.

CREATE MORE bill hurdles Senate 3rd reading vote Sen.

The bill also provides for a 100-percent additional deduction on power expenses of businesses and corporations and seeks to grant a 50-percent additional deduction for reinvestment in the tourism industry.