Practice question
Does the CREATE amendment to the qualifying books-and-publications exemption include digital or electronic formats?
- No, paper is always indispensable
- Only if the reader prints it personally
- Only if all subscriptions are foreign
- Yes, subject to the statutory publication conditions
- Every digital advertisement is automatically exempt
Legal references
- CREATE RA 11534, Section 12, amended NIRC Section 109(1)(R), digital books and publications: https://lawphil.net/statutes/repacts/ra2021/ra_11534_2021.html
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