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Philippines News - Business, Taxation & Offshore

Philippines Hopes To Have Overhauled Tax Code By 2018

by Mary Swire,, 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,, 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,, 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


EU Provides Update On Ongoing Free Trade Talks

by Ulrika Lomas,, Brussels

Thursday, January 26, 2017

The European Parliament has provided an update on the trade agreements under negotiation by the EU.Read Full Story



The Philippines Pursuing Tax Reform

by Mary Swire,, Hong Kong

Monday, January 23, 2017

The Philippines is undertaking sweeping reforms at the Bureau of Internal Revenue and the Bureau of Customs to improve taxpayer satisfaction and restore public trust, according to Finance Secretary Carlos Dominguez III.Read Full Story


Philippines Signs Off Value-Added Tax Break For PWDs

by Mary Swire,, Hong Kong

Monday, December 5, 2016

Judy Taguiwalo, Philippines' Department of Social Welfare and Development Secretary, has signed off on Republic Act 10754 to provide a 20 percent value-added tax discount to persons with disabilities.Read Full Story