LEGAZPI CITY – Albay Representative Joey Salceda on Sunday said that the Senate and the House of Representatives, in a bicameral meeting, has finally ironed out over the weekend the differences on the proposed reform of corporate income tax and fiscal incentives or package 2 of the Corporate Recovery and Tax Incentives for Enterprises (CREATE) Act.
“It’s done. Both panels are now ready to sign. The secretariats are now preparing the final copy, we will sign this weekend, and ratify by Monday or Tuesday,” Salceda, principal author of the House version of CREATE, said.
Salceda, House of Representatives Ways and Means Committee chairman, said the major items …
Keep on reading: CREATE Act’s ratification coming soon, says Salceda