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Graduating Government-Owned and Controlled Corporations from the Coverage of Tax Subsidy Provisions Administered by the FIRB


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The study assesses the importance of granting tax subsidies to GOCCs. It notes that the phasing out of tax subsidy of GOCCs will only serve as a further argument for the grant of tax exemptions. It also cites alternative recourses to phasing out tax subsidy such as cutting back tax subsidy and imposing a cap on the amount of tax subsidies.


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