Philippines News

Philippines To Double Down On Tax Audits

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

Tuesday, February 12, 2019

The Commissioner of the Philippines Bureau of Internal Revenue, Caesar Dulay, has said the country will introduce a more stringent audit program in 2019, to further improve the tax take. Read Full Story

Philippines To Soon Launch Tax Amnesty

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

Friday, December 21, 2018

Lawmakers in the Philippines have endorsed plans for a tax amnesty scheme that will cover estate taxes, general taxes, and delinquent accounts, covering liabilities up to December 31, 2017. Read Full Story

OECD Reports Progress On Harmful Tax Regimes Work

by Ulrika Lomas, Tax-News.com, Brussels

Friday, November 23, 2018

Releasing a progress update, the OECD said international efforts to curb harmful tax practices and prevent the misuse of preferential tax regimes are having a tangible impact worldwide. Read Full Story

Philippines Aiming To Finalize Tax Reform By End Of October

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

Tuesday, September 4, 2018

Benjamin Diokno, the Philippines' Budget and Management Secretary, says the Government should secure the passage of all the remaining comprehensive tax reform bills within the next two months. Read Full Story

Filipino Bill Would Extend Corporate Tax Perks For Schools, Hospitals

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

Friday, August 17, 2018

Filipino non-profit private schools and hospitals that adhere to high standards will continue to enjoy a corporate tax rate of 10 percent if a bill before the House of Representatives is adopted. Read Full Story

Corporate Tax Cut Plan Before Filipino Lawmakers

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

Wednesday, May 23, 2018

Filipino Finance Secretary Carlos Dominguez has called on lawmakers to pass a package of tax measures, including a cut to the corporate tax rate and a reduction in tax breaks and holidays. Read Full Story

Switzerland To Implement Philippines Trade Deal

by Ulrika Lomas, Tax-News.com, Brussels

Friday, May 11, 2018

The Swiss Federal Council has announced that the free trade agreement between the European Free Trade Association and the Philippines will enter into force for Switzerland on June 1. Read Full Story

Filipino Business Leaders Back Corporate Tax Reform

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

Monday, April 9, 2018

Business leaders in the Philippines say they fully support the Duterte Administration's proposed corporate tax reforms and investment incentives package. Read Full Story

Philippines' Corporate Tax Reform Progressing

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

Thursday, March 29, 2018

Corporate tax reform in the Philippines has moved a step closer with the introduction of House Bill No. 7458 into the country's parliament. Read Full Story

Philippines Senate Approves Double Taxation Treaties

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

Wednesday, February 21, 2018

On February 19 the Philippines Senate adopted three resolutions ratifying agreements for the avoidance of double taxation with Mexico, Thailand, and Sri Lanka. Read Full Story

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