The Peza on Tuesday said it would still accept applications from BPO firms that want to transfer to the Board of Investments, extending the period of submission until around the middle of this month. | AldenMonzonINQ /PDI
These companies continued to enjoy tax incentives from the government despite 30 percent of their employees working from home owing to difficulties and safety concerns caused by the coronavirus pandemic.
The Peza official said they were able to endorse all 453 registered business firms except one due to incomplete submission of requirements. “Many of them also want to stay within the 30 percent cap work-from-home policy of Peza,” Panga said when asked about the low turnout of business firms who submitted transfer applications.
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