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welcome to bir matars guide on topic features republic number 11534 philippines march 26 2021 at nagin effective namanito last april 11 2021. i known as corporate recovery and tax incentives for enterprises or create act effect or amendments national internal revenue code particularly sections number 20 submission of reports and pertinent information by the commissioner section 22 regarding samantha definition section 25 talks on non-resident alien individuals then section 27 rates of income tax on domestic corporation then section 28 rates of income tax on foreign corporation then section 29 imposition of improperly accumulated earnings tax section 34 deduction from gross income then section 40 determination of amount and recognition of gain or loss then section 57 withholding tax at source the answer section 109 exam transactions then section 116 tax on persons extend from value-added tax the answer section 204 authority of the commissioner to compromise a bit and refund or credit t