Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

A) President Rodrigo Duterte recently signed into law Republic Act No. 11534 or Corporate Recovery and Tax Incentives for Enterprises (CREATE) Act. What are the

A) President Rodrigo Duterte recently signed into law Republic Act No. 11534 or Corporate Recovery and Tax Incentives for Enterprises (CREATE) Act. What are the benefits of the said law for domestic corporations?

B) The Revised Corporation Code allows an individual or single stockholder to establish a corporation which is known as One Person Corporation (OPC). For income tax purposes, what do you think are the advantages and disadvantages of OPC over a sole proprietorship?

Guidelines

Your initial response should not be more than 10 sentences, reflecting on the prompt above. 

Step by Step Solution

3.42 Rating (152 Votes )

There are 3 Steps involved in it

Step: 1

Quiz A The Corporate Recovery and Tax Incentives for Enterprises CREATE Act is a new law that provides domestic corporations with incentives to help t... blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Management Information Systems

Authors: Ken J. Sousa, Effy Oz

7th edition

9781305172180, 1285186133, 1305172183, 978-1285186139

More Books

Students also viewed these Human Resource Management questions

Question

What are the benefits of having an audit committee?

Answered: 1 week ago

Question

What is the purpose of employee knowledge networks?

Answered: 1 week ago