FIRB starts assessing projects beyond ₱50B

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The story "FIRB starts assessing projects beyond ₱50B" was covered 5 days ago by Business Mirror, a news publisher based in Philippines.

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FIRB starts assessing projects beyond ₱50B - Business Mirror

Quick Summary:

THE Fiscal Incentives Review Board (FIRB) has assessed projects with investment capital of more than P50 billion as the Philippines aims to attract more investments.

In a statement, the Department of Finance said the FIRB, chaired by Finance Secretary Ralph G.

Enhanced deductions and customs duty exemption on importation and value-added tax (VAT) exemption on importation and VAT zero-rating on local purchases may also be availed of.BOC seizes P1.