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Senator Lito Lapid renewed his call for the government to provide more support to the local film industry. Lapid filed Senate Bill No. 2056 or the “Local Arts and Entertainment Industry Promotions Act,” asking corporate tax breaks for Philippine arts and entertainment industry, including exemptions from the amusement tax. “Ang mga tax breaks ay tutulong […]
To help the film and music industries recover from the effects of the pandemic, Senator Robin Padilla filed a bill to exempt Filipino-owned local productions from paying amusement tax, and to grant tax holidays to the two industries. Padilla, a veteran of the movie industry, noted in his Senate Bill 2048 (The Film and Live […]
Davao City 1st District Representative Paolo Duterte has sought the grant of tax incentives to doctors volunteering their services for free to indigent patients as a way of recognizing their “selfless and committed” efforts in helping provide quality healthcare to Filipinos. Under House Bill (HB) No. 5672, Duterte and three other lawmakers have proposed that […]
As employees in a work-from-home (WFH) and hybrid work arrangement are likely to be in it for the long haul, Senator Win Gatchalian said it comes with a lot of costs that workers are now facing such as lack of logistical assistance, internet and utility expenses and their mental wellbeing. A recent survey by Microsoft […]
Senator Joel Villanueva lauded Congress’ ratification of the proposed Corporate Recovery and Tax Incentives for Enterprises (CREATE) law that would now cover training incentives to cushion the impact of automation in employed and upskill workers. At the same time, Villanueva challenged the Department of Finance (DoF) and the Foreign Investment Review Board (FIRB) to fulfill […]
Camarines Sur Representative LRay Villafuerte has welcomed the congressional ratification of the consolidated bill on the Corporate Recovery and Tax Incentives for Enterprises Act (CREATE), which, he said, would help accelerate the recovery of the Philippine economy from the ravages of the Covid-19 pandemic. A co-author of this long-due economic reform measure, Villafuerte pointed out […]
Deputy Speaker LRay Villafuerte wants to make sure the country has an adequate and readily available supply of critical products such as medicines, vaccines, personal protective equipment (PPEs) and ventilators needed in the continuing fight against the coronavirus disease 2019 (COVID-19) pandemic. To do so, Villafuerte has filed a bill exempting from the payment of […]