Daily Industry News Update (15 November 2020)

 Council Welcomes Covid-19 Act

“It is good” that the Covid-19 Act has temporarily suspended “contractual rights under Part 2 of the Act in order to allow all parties to review their respective positions and consider the best way to move forward”.

PHILIPPINES: Looming Bill Shock for Homebuyers – The Manila Times

Under the Tax Reform for Acceleration and Inclusion (Train) Act of 2017, the value-added tax (VAT) exemption threshold for sales of residential dwellings shall be lowered from P3.199 million to P2.0 million starting next year.

发展商不大量推出免失衡 主打50万房产难收效



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