Philippines News
OECD Releases E-Commerce VAT Toolkit For Asia-Pac States
by Ulrika Lomas, Tax-News.com, Brussels
Monday, March 21, 2022
On March 10, the OECD released a new VAT Digital Toolkit for Asia-Pacific (APAC) nations. The toolkit is intended to support local tax authorities to better collect value-added tax on e-commerce activities. Read Full Story
Philippines DOF Says Wealth Tax Plan Would Be Self-Defeating
by Mary Swire, Tax-News.com, Hong Kong
Monday, December 6, 2021
The Philippines Department of Finance has issued a statement warning against the introduction of a new tax on the super wealthy. Read Full Story
Indonesian Lawmakers Approve Tax Reform Plans
by Mary Swire, Tax-News.com, Hong Kong
Monday, October 18, 2021
Indonesia's lower house of parliament has signed off on a bill that provides for a two-stage hike to the headline value-added tax rate, the cancellation of a planned corporate tax cut, and the introduction of a new top rate of personal income tax. Read Full Story
Philippines To Complete Tax Incentives Review By Early May
by Mary Swire, Tax-News.com, Hong Kong
Monday, April 26, 2021
The Philippines Department of Finance has announced that the Fiscal Incentives Review Board (FIRB) will complete the implementing rules and regulations for the corporate Recovery and Tax Incentives for Enterprises (CREATE) Act by the third week of May. Read Full Story
Philippines Moots Digital Tax
by Mary Swire, Tax-News.com, Hong Kong
Thursday, May 28, 2020
A proposal has been put forward for a digital services tax regime in the Philippines. Read Full Story
COVID-19: Philippines Further Extends Multiple Tax Deadlines
by Mary Swire, Tax-News.com, Hong Kong
Friday, May 15, 2020
The Philippines has announced that it will again extend tax filing and payment deadlines, following the prolongation of restrictive measures during the coronavirus outbreak. Read Full Story
Philippines House Passes Financial Services Tax Reforms
by Mary Swire, Tax-News.com, Hong Kong
Friday, September 13, 2019
The Philippines' House of Representatives on September 9, 2019, approved two bills to overhaul the rates in place on financial services and passive income. Read Full Story
Filipino Financial Services Tax Reforms Clear First Hurdle
by Mary Swire, Tax-News.com, Hong Kong
Friday, August 30, 2019
The Philippines' House Committee On Ways and Means has approved a Bill that would overhaul the rates in place on financial services and passive income. Read Full Story
Philippines Launches E-Payments Portal For Tax
by Mary Swire, Tax-News.com, Hong Kong
Thursday, August 22, 2019
The Philippines' Bureau of Internal Revenue has launched a digital tax payments system. Read Full Story
Philippines To Launch Estate Tax Amnesty In June
by Mary Swire, Tax-News.com, Hong Kong
Friday, May 31, 2019
The Filipino Government has said it is planning to launch its proposed estate tax amnesty next month. Read Full Story
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