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Philippines News




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

 


Philippines Progressing With Corporate Tax Reform

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

Thursday, January 18, 2018

Legislation to bring down the Philippines' corporate income tax rate and overhaul the country's fiscal incentives has been tabled in the House of Representatives. Read Full Story

 


Philippines Commits To 25 Percent Corporate Tax Rate

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

Wednesday, January 10, 2018

The Philippines Department of Finance has said the country will look to install a 25 percent corporate income tax rate on a broader base as part of the second phase of its tax reform process. Read Full Story

 


Philippines To Move To Second Phase Of Tax Reform Plan

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

Monday, January 8, 2018

The Philippines is to take forward its tax reform agenda in January, with a second package of proposals to be tabled before Congress, after the first package was endorsed with some vetoes by President Rodrigo Duterte. Read Full Story

 


Philippines May Soon Ratify FTA With European States

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

Monday, January 8, 2018

Having endorsed the deal, the President of the Philippines, Rodrigo Duterte, has forwarded on a bill to ratify the free trade agreement with the European Free Trade Association states to the Senate. Read Full Story

 


US Business Lobby Urges Philippines To Drop Sugary Drinks Tax

by Mike Godfrey, Tax-News.com, Washington

Monday, December 11, 2017

US business associations say the Philippines' proposed sugar-sweetened beverage tax may infringe World Trade Organization rules and would dent the country's competitiveness. Read Full Story

 


Philippines' Senate Approves Latest Tax Reform Package

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

Monday, December 4, 2017

The Philippines' Senate on November 28 approved its version of the Tax Reform for Acceleration and Inclusion (TRAIN) bill, which is expected to exempt 6.8 million workers from paying income taxes. Read Full Story

 


India And Philippines To Intensify Customs Cooperation

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

Monday, November 27, 2017

The governments of India and the Philippines on November 22 announced that they would be cooperating more closely on customs matters. Read Full Story

 


Hong Kong, ASEAN Nations Sign Free Trade Deal

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

Monday, November 13, 2017

Hong Kong has signed a new free trade agreement with the Association of Southeast Asian Nations, which is expected to become effective from January 2019. Read Full Story

 


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

 

 

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