The DoF said potential investors have been able to submit tax incentive applications on the online portal known as the Fiscal Incentives Registration and Monitoring System.
The center, as the secretariat of the Fiscal Incentives Review Board , develops application forms used by business enterprises seeking tax incentives. The portal will be used to generate electronic certificates of registration and entitlement to tax incentives for approved projects. “It will soon allow business enterprises to electronically submit their reports on the fiscal incentives they have received, in compliance with the provisions of CREATE,” DoF said.
Source: News Formal (newsformal.com)
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