An Act Empowering the Middle-Class and Micro, Small, and Medium Enterprises (Msmes) Through Regulatory Relief, Tax Incentives, and Fiscal Reforms, and for Other Purposes
The bill proposes to help new and existing small businesses and the middle class by waiving registration fees for a year, giving a two‑year income‑tax holiday to qualifying small firms, creating progressive tax rates based on revenue, and offering 150 % tax deductions for digital and green investments, while setting up a DTI‑led support ecosystem.
Automated summary by BatasWatch. It may miss nuance — read the bill text before citing it.
Printed from CivicSync PH: https://civicsync-ph-gamma.vercel.app/bills/SBN-2191. Status changes over time; check the link for the latest.
SBN-2191 · Sources: BatasWatch
Similar in what they’d do, filed by any lawmaker.