CREATE LAW IRR Flashcards
CREATE LAW is RA ____
RA 11534
detailed report on benefits
Annual Benefits Report
detailed report on tax incentives availed in a taxable year and contains project level data
Annual Tax Incentives Report
ATIR
document issued by the IPA as proof of entitlement for tax and duty free importation which shall contain the list of capital equipment, raw materials; spare parts or accessories to be imported.
Certificate of Authority to Import (CAI)/Admission Entry
document issued
by the concemed IPA in a form prescribed by the FIRB, upon application by the RBE
Certificate of Entitlement to Tax Incentives (CETI)
issued by the FIRB certifying the amount of tax subsidy that is granted in favor of national government agencies, GOCCS, GIS/ SUCs, and other government entities as may be provided under the annual General Appropriations Act
Certificate of Entitlement to Subsidy (CES)