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Philippines News - Business, Taxation & Offshore


Filipino Authorities Drop Tax Cases Against Might Corp

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

Monday, October 9, 2017

Having accepted a settlement from the tobacco firm, the Philippines Bureau of Internal Revenue and the Department of Justice on October 2 dropped three tax evasion cases against Mighty Corp.Read Full Story


Philippines Set To Enact Tax Reform Bill By Year-End

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

Thursday, October 5, 2017

FIlipino lawmakers are expected to soon sign off on a long-awaited tax reform bill to bring about personal income tax regime reform and broaden the value-added tax base.Read Full Story


Hong Kong, ASEAN Conclude Free Trade Talks

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

Thursday, September 14, 2017

Hong Kong has announced the conclusion of free trade agreement negotiations with the Association of South East Asian Nations.Read Full Story


Canada Agrees To Exploratory ASEAN Trade Talks

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

Monday, September 11, 2017

Canada and representatives from the ASEAN member states have agreed to launch exploratory discussions to determine the potential for a free trade agreement. Read Full Story


Mighty Corporation Settles Tax Dispute With Filipino Government

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

Thursday, July 27, 2017

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


Philippines Says VAT Rate Cut On The Horizon

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

Monday, June 26, 2017

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


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