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Manila Times Business

Untangling the local tax maze

THE Department of the Interior and Local Government (DILG), Department of Finance (DOF) and the Department of Trade and Industry’s (DTI) Joint Memorandum Circular (JMC) 01-2026 stands as one of the most consequential tax-related issuances released in recent years. The circular is intended to foster alignment between local government units (LGUs) and registered business enterprises (RBEs) enjoying fiscal incentives under the Corporate Recovery and Tax Incentives for Enterprises (Create) Act

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Source: manilatimes.net

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