PEZA wants review of investment laws

Philstar Global

May 30, 2022

EXCERPT

The Philippine Economic Zone Authority (PEZA) is recommending a review of existing laws affecting investments and institutionalizing the work-from-home (WFH) arrangement under the new administration.


In a Viber message yesterday, PEZA director general Charito Plaza said that among the recommendations of the PEZA to the new administration is to “review investments, trade and economic related policies and laws.”


She said the PEZA wants the review to include the Corporate Recovery and Tax Incentives for Enterprises (CREATE) Act, which reduced the corporate income tax rate and introduced changes to the incentives system.


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