President of the Philippines Rodrigo Duterte revealed during his recent State of the Nation address that tobacco firm Mighty Corporation had agreed to settle three cases of tax evasion with the Filipino government.Read Full Story
The Philippines Ministry of Finance has said that a lower value-added tax rate may be possible once the tax base is broadened and wider tax system changes are implemented.Read Full Story
The Philippines hopes to rein in value-added tax breaks, which are costing the Government an estimated PHP90.7bn (USD1.82bn) a year, the Department of Finance has said.Read Full Story
Hong Kong expects to conclude free trade agreement negotiations with the Association of Southeast Asian Nations by the end of the year.Read Full Story
Legislation recently tabled in the Philippines would expand income tax-exempt allowances.Read Full Story
The Australian Government is now providing information on exporting to an additional nine overseas markets covered by free trade deals.Read Full Story
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