10 months Trabaho bill to buoy local office market Manilatimes |Biz
THE second package of the Tax Reform for Acceleration and Inclusion (Train) law is expected to boost the domestic property market as it will allow locators to lease anywhere, a global property services firm. Michael McCulloughMichael McCullough, managing director of KMC Savills Inc., said at a news briefing in Taguig City on Wednesday he sees the passage and implementation of Train 2, or the Tax Reform for Attracting Better and Higher Quality Opportunities (Trabaho) bill, as a means of levelling the playing field as occupiers will start to locate anywhere even without accreditation from the Philippine Economic Zone Authority (PEZA). ... more