During the GPCCI Policy and Advocacy Committee Meeting on the CREATE MORE Act held at the German Club in Makati City, Atty. Benedicta Du-Baladad, Founding Partner and CEO of BDB Law, moderated a high-level panel discussion featuring key government and industry representatives. The panel included Atty. Larry Barcelo, Deputy Commissioner of the Bureau of Internal Revenue; Ms. Vivian Santos, Deputy Director General for Operations at the Philippine Economic Zone Authority; Atty. Carina C. Laforteza, President of the Tax Management Association of the Philippines; Mr. Dakila Elteen Napao, Assistant Secretary, Department of Finance; and Mr. Peter Rankl, General Manager of Continental Automotive Calamba and President of Automotive ASEAN.
The discussion centered on the impact of the CREATE MORE Act on the Philippine investment climate, highlighting enhanced tax incentives, improved transparency, and a push for ease of doing business. Panelists also noted implementation challenges, inter-agency coordination issues, and the growing importance of non-fiscal factors like infrastructure and labor quality amid global tax reforms.
