Clark conducts tax webinar with SBFCC

SGV Clark, together with the Subic Bay Freeport Chamber of Commerce (SBFCC), organized a webinar on the Tax Reform II Bill: Corporate Recovery and Tax Incentives for Enterprises (CREATE) on 7 September. SBFCC Executive Director Donna May Tamayo welcomed over 150 representatives from SBFCC member companies to the webinar.

LLL and MAA presenting at the webinar

Tax Partners Hentje Leo L. Leaño (LLL) and Margaux A. Advincula (MAA) discussed the salient provisions of the CREATE bill, its proposed adjustments in corporate tax and rationalization of fiscal incentives. Emphasizing the bill’s salient provisions and possible impact on Subic Bay Metropolitan Authority (SBMA) locators, they shared insights on how businesses can prepare for and maximize the incentives of the proposed tax reforms.

The webinar concluded with an open forum led by LLL and MAA with SBFCC President Danny Piano and SBMA Chairman & Administrator Atty. Wilma Eisma. Assurance Partner Peps Zabat also participated in the webinar and Tax Director Maria Michaela Ledesma moderated the session.