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Philippines: CREATE to Extend Tariff and Tax Incentives to Source Agricultural Inputs
- 英文名称:
- Philippines: CREATE to Extend Tariff and Tax Incentives to Source Agricultural Inputs
- 年份:
- 2022
- 出版地:
- Washington, DC, USA
- 语种:
- English
- 摘要:
- The Philippines has two laws to provide tariff and tax exemptions that support the importation of raw materials and/or inputs for the benefit of local agricultural production. While a 1997 law, AFMA, has long facilitated duty-free imports for a select list of agricultural inputs, the more recent 2021 law, CREATE, has the promise to expand tariff and tax incentives to a priority list of agricultural sub-sectors.