‘inconsistencies’ in tax law’s rules

ent with the interpretation [mentioned by the chairman], wherein the 10-year sunset provision should be followed,” Finance Assistant Secretary Karlo Adriano told a House of Representatives tax panel.

Lawmakers in the Lower House earlier noted inconsistencies in the CREATE Law’s IRR.

Albay 2nd District Rep. Joey Salceda, who heads the House Ways and area of jurisdiction is an inherent right of the Philippines and does not violate any laws.

“Moreover, the Philippine station on Ayungin Shoal was deployed in 1999, years ahead of the conclusion in 2002 of the Declaration on the Conduct of Parties in the South China Sea (DOC), and is therefore not a violation of the DOC,” it added.

The Philippines also maintained that the Ayungin Shoal, “as explicitly stated in the Award of the 2016 South China Sea Arbitration, is a low-tide elevation that is not subject to sovereignty claims or appropriation,” so China could not justify its attack on the basis of protecting its sovereignty.

The DFA lamented that China “impeded the Philippines’ legitimate and regular activities in its own exclusive economic zone.”

Besides, the DFA said China also violated relevant provisions of 1982 United Nations Convention on the Law of the Sea (UNCLOS) the Award on the 2016 South China Sea Arbitration the 1972 Convention on the International Regulations for Preventing Collisions at Sea (COLGRES), and the 2002 ASEANChina Declaration on the Conduct of Parties “The 2016 Arbitral Award is based on UNCLOS and affirms UNCLOS. It is final, legal, and binding. China as a