E.O. 85 - 3-year duty-free importation of capital goods - Printable Version +- Tax Waze by Bustamante Lozada and Associates (http://www.taxwaze.com) +-- Forum: For Academic Use Only (http://www.taxwaze.com/forumdisplay.php?fid=1) +--- Forum: Recent Updates (http://www.taxwaze.com/forumdisplay.php?fid=17) +--- Thread: E.O. 85 - 3-year duty-free importation of capital goods (/showthread.php?tid=355)

E.O. 85 - 3-year duty-free importation of capital goods - admin - 07-25-2019 President Duterte signed E.O. 85 last July 19, 2019 extending by 3-years the duty-free importation of capital goods of a BOI-Registered Enterprise. The duty-free importation has started under E.O. 57 signed last year, June 22, 2018 The objectives of the EO are: -To assist start-up and business expansion -Encourage foreign direct investment by making the Philippines globally competitive See the complete text of the EOs from the Official Gazette: E.O. 85 https://www.officialgazette.gov.ph/2019/07/19/executive-order-no-85-s-2019/ E.O. 57 https://www.officialgazette.gov.ph/2018/06/22/executive-order-no-57-s-2018/