Since the last publication by BDB Law of an Updated and Annotated Tax Code in 2019, a number of amendments had been introduced to the National Internal Revenue Code of 1997 (Tax Code). One of the significant amendments was introduced by Republic Act No. 11534 or the Corporate Recovery and Tax Incentives for Enterprises Act, otherwise known as CREATE. The latest amendment was done through RA 11590 (An Act Taxing Philippine Offshore Gaming Operations). In line with BDB Law's continuing commitment to make available timely information and reference on the most recent laws and implementing regulations for the use of taxpayers, tax practitioners, implementors and other users of our tax laws, BDB Law decided to publish this new Updated and Annotated Tax Code. The amendments introduced by these various laws are incorporated in the affected sections of this Updated and Annotated Tax Code.
Submit your review | |