CMEPA law

signed Republic Act 12214 or the Capital Markets Efficiency Promotion Act (CMEPA). Security Bank welcomed the reform, noting that the CMEPA promotes fairness in the financial system.

https://www.facebook.com/BitPinas/posts/pfbid0Pi1xUF3xpT8ENTFZwT5bAB38sQNjdXL88MsjV4j7nmBSgfd893Mu7QN7SLxeayGQl/ President Marcos said the law will improve financial inclusion, making investing more accessible for ordinary Filipinos and not just seasoned traders. BusinessWorld reported that the Bureau of Internal Revenue (BIR) hauled in PHP 6.57 billion since the law was imposed. This law allows Data Transmission Industry Participants (DTIPs) to build and operate networks without a legislative franchise.

Our coverage of CMEPA law includes: "CMEPA implemented, banks slap uniform 20% tax to interest income"; "New Paramount offer challenges Netflix’s Warner Bros. deal"; "BIR collects over PHP 7 billion from digital services VAT". Each article provides unique insights and information.