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Domestic Corporations Form

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Instructions and help about Domestic Corporations

last for today we will discuss taxation on corporations under great law and this is also one of the major topics in income taxation so i need 100 of your attention okay now before we go to our lesson we begin with background and updates about the philippine taxation system now under our current administration we have what you call the ctrp or the comprehensive tax reform program so objective of ctrp is to improve and refine our taxation system okay so under ctrp as of today two packages package number one is 10963 or the train low which became effective in 2018 and by number two is ra 11 534 or the create low actually last march 2021 lamp fairly recently grade stands for corporate recovery and tax incentives for enterprises act the main word recovery so bcb in class one of the objectives of create is for businesses to recover from the orbit 19 pandemic okay now aside from it businesses okay so last major marathon changes but don't worry i'll make sure the hat on discuss

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