Amendments to Omnibus Investments Code

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Republic Act No. 7918: Amendments to Omnibus Investments Code

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Title Supreme Court: Amendments to Omnibus Investments Code

Law: Republic Act No. 7918

Decision Date: Feb 24, 1995

Republic Act No. 7918 provides incentives for registered enterprises engaged in preferred areas of investment, including income tax holidays, additional deductions for labor expense, tax and duty exemptions on imported capital equipment, simplified customs procedures, employment of foreign nationals, and tax credits for breeding stocks and genetic materials.

amendment

incentives

registered enterprises

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