DHSUD, DTI-BOI in talks for possible corporate income tax exemption on economic housing
The Department of Human Settlements and Urban Development (DHSUD) is studying the possible classification of economic housing as corporate income tax (CIT)-exempt mass housing under Batas Pambansa Bilang 220 with the Department of Trade and Industry-Bureau of Investments (DTI-BOI). In a statement on Sunday, DHSUD Secretary Jose Ramon Aliling said their proposed study seeks to place economic housing projects under a clearer, rules-based, and more predictable tax incentive framework comparable to socialized housing.
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