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. 

Answer rating: 100% (QA)

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... View the full answer