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In line with efforts to attract more investments, President Marcos has signed into law Republic Act 12066, which broadens fiscal incentives and lowers the corporate income tax on certain foreign enterprises. Called the Corporate Recovery and Tax Inc
MANILA, Philippines As President Marcos is expected to sign today a law that will lower corporate taxes and offer tax incentives to businesses, Senate President Francis Escudero expressed optimism of an influx of new investors, creating more new job

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