The Commissioner of Internal Revenue has issued RMC No. 28-2022 which circularizes the new requirement under Section 3, Rule 8 of the Implementing Rules and Regulations (IRR) of the CREATE Law with regard to the submission of the Certificate of Entitlement to Tax Incentives (CETI), formerly known as the Certificate for Entitlement to Income Tax Holiday.
Previously, Registered Business Enterprises (RBEs) were required to submit the Certificate of Entitlement to Income Tax Holiday to the BIR within 30 days from the date of filing of its Annual Income Tax Return (AITR).
With the enactment of the CREATE Law, RBEs are now required to apply for a CETI with their concerned Investment Promotion Agency (IPA) prior to the filing of the AITR. The CETI shall then be attached to the AITR filed with the BIR.
You may access the full version of the Circular through the BIR website.