BOI trims list of investors qualified for tax holidays

[ manilatimes.net ] February 26, 2008
By Katrina Mennen A. Valdez, Reporter

IN ITS bid to raise revenues, the government has trimmed the number of investment projects qualified to enjoy tax and other perks this year, according to the Board of Investments (BOI).

Trade Undersecretary Elmer C. Hernandez, who is also BOI managing head, told reporters the agency has identified only six preferred sectors for this year’s Investment Priorities Plan (IPP), down from the 11 sectors in the 2007 list. > > > [ full story ]
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