Citira - updates

Rappler's latest stories on Citira

ARTICLE FINDER

Territorial dispute: Pia Cayetano fumes over Marcos tackling Citira at committee hearing

Mar 09, 2020 - 9:14 PM

'Please don’t try to mediate,' Senator Pia Cayetano, chair of the ways and means committee, tells fellow senators. 'Resolve the jurisdictional issue.'

'CLARITY'. Senator Pia Cayetano says she wants clarity over Senate rules. Photo by Angie de Silva/Rappler

Duterte certifies Citira bill as urgent

Mar 09, 2020 - 6:40 PM

President Rodrigo Duterte's certification allows the Senate to pass the bill on 2nd and 3rd readings on the same day

ASPIRING HUB. The Philippines aims to become a regional automotive production hub by offering fiscal and non-fiscal perks to automakers. File photo by Romeo Gacad/AFP

PEZA asks Senate to delay Citira passage amid coronavirus crisis

Mar 09, 2020 - 5:00 PM

With the coronavirus crisis, Philippine Economic Zone Authority chief Charito Plaza finds an opening to appeal against the Citira bill anew

DELAY. PEZA Director General Charito Plaza speaks at the Senate hearing on the economic impact of coronavirus to the ecozones. Screengrab from Senate of the Philippines' Youtube

Bill lowering corporate tax moves to Senate plenary

Feb 19, 2020 - 9:05 PM

The Department of Finance hopes Citira will hurdle the Senate before Congress goes on break by March 14

TAX REFORM. Workers in a manufacturing plant. Shutterstock photo

TUCP fears job losses under Citira bill

Oct 13, 2019 - 3:50 PM

The Trade Union Congress of the Philippines urges government agencies to put in place a 'genuine transition program' for displaced workers before Citira's implementation – not after

JOB LOSS? Citing estimates by business groups, labor group Trade Union Congress of the Philippines says some 700,000 workers may lose their jobs with the passage of the Citira bill. File photos by AFP

In a twist, PEZA now supports Citira bill

Oct 09, 2019 - 5:10 PM

The Philippine Economic Zone Authority Board changes its tune after a 'cordial' meeting and now backs the bill seeking to rationalize tax perks

Pia Cayetano seeks 'sweet spot' for Citira bill

Sep 17, 2019 - 8:05 PM

Senate ways and means committee chairperson Pia Cayetano plays coy on the bill seeking to change the current fiscal incentives regime, but quips that like love, 'wala ring forever'

House passes Citira bill on 3rd reading

Sep 13, 2019 - 3:22 PM

A total of 170 members of the House of Representatives vote in favor of the Duterte administration's 2nd tax reform package

[ANALYSIS] Will Duterte’s new tax measure kill foreign investments?

Sep 12, 2019 - 5:00 PM

Many other things could make or break our country’s attractiveness to investors. Citira's stricter investment incentives may be the least of our worries.

'Noisy naysayers' vs Citira bill proven wrong by numbers, says DOF

Sep 11, 2019 - 3:10 PM

Finance Undersecretary Karl Chua says the surge in investment pledges in the 1st half of 2019 refutes claims of critics of the proposed Corporate Income Tax and Incentive Rationalization Act

Finance Undersecretary Karl Kendrick Chua says naysayers of the Citira bill are proven wrong by numbers. Photo by Angie de Silva/Rappler

2nd tax reform package renamed Citira, hurdles 2nd reading in House

Sep 09, 2019 - 7:32 PM

The House of Representatives approves the Corporate Income Tax and Incentive Rationalization Act (Citira) on 2nd reading

PEZA urges Congress not to 'tinker' with tax perks for investors

Sep 02, 2019 - 5:50 PM

PEZA Director General Charito Plaza says the current incentives are already 'globally competitive' and could help the Philippines attract investors as companies avoid the US-China trade war