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certify that at the Board Meeting of the Philippine, Econom~c Zone held on 13 August 2d08,during which a quorum was present, the was approved: RESOLUTION NO. 08.445
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RESOLVED, That the PEZA Board hereby APPROVES the recommendation of ~ a n a ~ j r n e n t rationalize the incentiveq granted to developers/operators of to Informati07 Technology (IT) Parks and Centers located outside Metro Manila, as follows: I'
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No incentives shall be granted to developers/opet-ators of fully developed IT Parks and Centers located outside Metro ~ a n i l aand . .. ;
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Only the Special 5% Tax on Gross Income incentive shall be granted development IT Parks and Centers outside of 'Metro Manilai
RE~OLVED FURTHER, That the above rules shall take effect on 11' July
2006.
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-CERTIFIGATE.:OF 'BOARDRESOdllTlQN
This:-ista certify that.:atthe Board Meeting .of the Philippine ~aonbmic Zone. AuU.lority r(P:EW) hdil ori; :OO:.September 2004, during which a quorum was prese.rit.,..th&folla*og resol;lfiori.was;a;pprtlved:
.-RESOWED;..,That PE.ZA Board. Resolution No. 00-411 dated. 29 D.e.ce.mbre.r 'ZDO"q, .providing:{fbr.the Guidelineson.the .Registration trf .Infocmafion. Techhol,o,gy. (IT) :~nlerpiise.sand the 'Establishment and Operation: of. IT . ~ar&l~.uilbing~,,'is: hereby a,m.endeii, specifically :to reduce the minimum area ~requiiemeat. .the-'estabtiidirnent: an Information Technology (IT) Park from .._ .. .for ,of five (5)--he~ares.t~ (Qhedtare; :Provided, however, that at least fifty-percent one: (50%) fh-er.ecrf:'sh.all: bed&oted;.to IT.
RESOLVED FWRMER;,.That all other above i ~ o a r d e s o l u ~ shall remain i nforce ~ bn
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