Philippines – REIT Law And Other Laws.

Last 17 December 2020, Partner Eric R. Recalde conducted an online talk on REIT Law, Bayanihan Laws, and CREATE Bill for one of the Firm’s long-standing clients, First Metro Investment Corporation. The virtual session was attended by investment bankers who were eager to learn and understand the impact of these special laws on the capital markets.
 

Mr. Recalde tackled the removal of the IPO tax, the REIT framework, favorable treatment of traded shares, and the tax arbitrage between dividends and capital gains. He also discussed the proposed amendments introduced by the CREATE Bill on tax-free exchanges and restructurings.
 

Mr. Recalde is the Head of the Firm’s Tax Department. He actively lectures on different topics to clients and different industry and professional organizations.