Philippines News

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

Philippines Seeking Passage Of Corporate Tax Plan By Summer

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

Friday, May 10, 2019

The Philippines Government has said that it hopes to secure approval from Congress of the corporate income tax reform package within the next few months. Read Full Story

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