Stella Quimbo demands good implementation of CREATE bill


All eyes are on the economic team to walk the talk regarding their promised economic boost with lower corporate income taxes.

Economist and Marikina Rep. Stella Quimbo said that with Congress approving the Corporate Recovery and Tax Incentives for Enterprises Act or CREATE, its impact should really be game-changing for a pandemic-stricken economy.

“Now that CREATE has been approved by the bicam committee, the ball is in the court of the relevant agencies. Effective implementation is key to actualizing the benefits of this landmark reform,” the politiko said.

The measure will still be up for Palace review and signature. Abangan!