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CREATE Law: Corporate Tax Changes by Yiet is a document available to read on EtoBox.

The CREATE Act lowers corporate income tax rates for domestic corporations to 25% and 20% for MSMEs. It removes tax exemptions for offshore banking units and increases taxes for regional operating headquarters. The law also lowers taxes for dividends, capital gains, interest income and other types of passive income. It reforms fiscal incentives by providing tax holidays and deductions for registered projects depending on their location and industry. Existing registered activities can continue their tax perk

Author

Yiet

Language

EN