RA 11534: Corporate Recovery and Tax Incentives for Enterprises Act or CREATE
Republic of the Philippines
Congress of the Philippines
Metro Manila
Eighteenth Congress
Second Regular Session
Begun and held in Metro Manila, on Monday, the twenty-seventh day of July, two thousand twenty.
[REPUBLIC ACT NO. 11534]
AN ACT REFORMING THE CORPORATE INCOME TAX AND INCENTIVES SYSTEM, AMENDING FOR THE PURPOSE SECTIONS 20, 22, 25, 27, 28, 29, 34, 40, 57, 109, 116, 204, AND 290 OF THE NATIONAL INTERNAL REVENUE CODE OF 1997, AS AMENDED, AND CREATING THEREIN NEW TITLE XIII, AND FOR OTHER PURPOSES
Be it enacted by the Senate and House of Representatives of the Philippines in Congress assembled:
Approved,
| (Sgd.) LORD ALLAN JAY Q. VELASCO Speaker of the House of Representatives | (Sgd.) VICENTE C. SOTTO III President of the Senate |
This Act which is a consolidation of House Bill No. 4157 and Senate Bill No. 1357 was passed by the House of Representatives and the Senate of the Philippines on February 3, 2021.
| (Sgd.) MARK LLANDRO L. MENDOZA Secretary General, House of Representatives | (Sgd.) MYRA MARIE D. VILLARICA Secretary of the Senate |
Approved: March 26, 2021
(Sgd.) RODRIGO ROA DUTERTE
President of the Philippines
RESOURCES:
• [PDF] Republic Act No. 11534, March 26, 2021
