FIRB Secretariat

June 2, 2021 FIRB RESOLUTION NO. 13-21 WHEREAS , Section 297 of the National Internal Revenue Code of 1997, as amended by Republic Act No. 11534, otherwise known as the "Corporate Recovery and Tax Incentives for Enterprises Act" or "CREATE" provides for the expanded functions of the Fiscal Incentives Review Board (FIRB); WHEREAS , Section 298 thereof provides that the FIRB Secretariat shall be headed by an Assistant Secretary of Finance; WHEREAS , the efficient and effective conduct of the day-to-day business of the FIRB demands that the Head of the Secretariat be authorized to perform functions and responsibilities that do not require approval from either the Board or the Technical Committee; NOW, THEREFORE, BE IT RESOLVED, AS IT IS HEREBY RESOLVED , That the Head of Secretariat is authorized to act on inquiries and represent the FIRB in all dealings and transactions with the public that do not require approval from either the Technical Committee or the Board, such as in meetings, fora, and other engagements with other offices, agencies, and instrumentalities of the national government and with persons and other entities, private or public, domestic or foreign. Adopted by the Board in its meeting on June 2, 2021 where a quorum was present. cSEDTC (SGD.) CARLOS G. DOMINGUEZ Secretary of Finance Chairperson (SGD.) RAMON M. LOPEZ Secretary of Trade and Industry Co-Chairperson (SGD.) SALVADOR C. MEDIALDEA Executive Secretary (SGD.) WENDEL E. AVISADO Secretary of Budget and Management (SGD.) KARL KENDRICK T. CHUA Socioeconomic Planning Secretary