PEZA flags ‘more restrictive’ import tax rules under CREATE

THE Philippine Economic Zone Authority (PEZA) raised possible problems its locators might encounter with new import tax rules after the implementation of a new law that cuts corporate income taxes and rationalizes incentives. The investment promotion agency foresees “certain issues” once the law is implemented, noting that it expects rules on the duty-free import of […]

Poultry farmers, meat industry clash on easing of import bans

MEAT IMPORTERS’ proposals to ease the bans on poultry imports from countries reporting bird flu outbreaks could endanger domestic poultry farms because of the absence of border inspection facilities to detect contaminated meat, the poultry industry said. Gregorio A. San Diego, Jr., chairman of the United Broiler Raisers Association, said in a mobile phone message […]