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Philippines News - Business, Taxation & Offshore




Filipino Businesses Welcome Income Tax Reforms

by Mary Swire, Tax-News.com, Hong Kong

Tuesday, March 21, 2017

Representatives from the Philippines' major business organizations have expressed support for House Bill No. 4774, which includes measures to make the tax system simple, equitable, and efficient for small taxpayers.Read Full Story

 

EU, ASEAN Look To Restart Trade Talks

by Ulrika Lomas, Tax-News.com, Brussels

Tuesday, March 14, 2017

The EU and the Association of Southeast Asian Nations have agreed to take new steps toward resuming region-to-region trade talks. Read Full Story

 

 

No VAT On Overseas Remittances To Philippines, Gov't Confirms

by Mary Swire, Tax-News.com, Hong Kong

Friday, March 3, 2017

Officials in the Philippines have confirmed that a new value-added tax charge on the service fees of money transfer centers will only apply to domestic transactions.Read Full Story

 

Philippines Hopes To Have Overhauled Tax Code By 2018

by Mary Swire, Tax-News.com, Hong Kong

Friday, February 24, 2017

The Filipino Government is optimistic that it can overhaul the Philippines' tax regime by 2018 through a two-step approach. Read Full Story

 

 

Philippines Revenue To Penalize Banks For Late E-Payments

by Mary Swire, Tax-News.com, Hong Kong

Monday, February 20, 2017

Philippine Department of Finance Secretary Carlos Dominguez III has approved a new revenue regulation, which would make banks, and not taxpayers, liable for late- or non-payment of taxes for electronic payments.Read Full Story

 

Hong Kong Seeking ASEAN FTA Deal By March

by Mary Swire, Tax-News.com, Hong Kong

Tuesday, January 31, 2017

During the question-and-answer session of the Joint Business Community Luncheon on January 26, Hong Kong's Chief Executive, C Y Leung, stressed the importance to the city of global free trade. Read Full Story