A Home for Every Filipino
The Board of Investments (BOI) recently bared its proposed General Policies and Specific Guidelines to govern the 2013 Investment Priorities Plan (IPP) during a Public Hearing held last March 6. The Chamber of Real Estate & Builders’ Associations, Inc. (CREBA) commends the BOI for retaining mass housing as a priority sector in the 2013 IPP …
Section 20 of Republic Act 7279 or the Urban Development and Housing Act, provides tax incentives to private developers and government agencies engaged in the development of socialized housing projects. This includes the exemption from the payment of project-related income taxes, capital gains tax on raw lands used for the project, VAT for the project …
There is wide industry consensus that housing, along with tourism, constitutes a powerful engine of growth for the national economy. Its economic multiplier effect triggers increased business and revenue opportunities for about 68 other related industries. True to its avowed theme, “Tourists Today, Real Estate Investors Tomorrow”, the 20th CREBA National Convention held from October …
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