RR No. 19-2005: Temporarily defers until further notice the implementation of RR No. 17-2005 relative to the implementation of the tax subsidy granted by the FIRB to the Bases Conversion Development Authority for the Subic-Clark-Tarlac Expressway Project

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Summary

RR No. 19-2005 temporarily defers until further notice the implementation of Revenue Regulations No. 17-2005 on the tax subsidy granted by the Fiscal Incentives Review Board (FIRB) to the Bases Conversion Development Authority (BCDA) for the Subic-Clark-Tarlac Expressway Project.

Key points

  1. Deferment. The implementation of RR No. 17-2005 is deferred until further notice.

Who is affected

  • Bases Conversion Development Authority and Project contractors

Deadlines and effectivity

  • Issued November 15, 2005
  • Deferment lasts until further notice

Summary by Tax Resources PH. It is not a substitute for the full text of the issuance or professional advice.

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