Philippines

Mon, 21 Mar 2022 00:00:00 GMT
Tax-News.com: OECD Releases E-Commerce VAT Toolkit For Asia-Pac States
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.

Mon, 6 Dec 2021 00:00:00 GMT
Tax-News.com: Philippines DOF Says Wealth Tax Plan Would Be Self-Defeating
The Philippines Department of Finance has issued a statement warning against the introduction of a new tax on the super wealthy.

Mon, 18 Oct 2021 00:00:00 GMT
Tax-News.com: Indonesian Lawmakers Approve Tax Reform Plans
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.

Mon, 26 Apr 2021 00:00:00 GMT
Tax-News.com: Philippines To Complete Tax Incentives Review By Early May
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 Ma...

Thu, 28 May 2020 00:00:00 GMT
Tax-News.com: Philippines Moots Digital Tax
A proposal has been put forward for a digital services tax regime in the Philippines.

Fri, 15 May 2020 00:00:00 GMT
Tax-News.com: COVID-19: Philippines Further Extends Multiple Tax Deadlines
The Philippines has announced that it will again extend tax filing and payment deadlines, following the prolongation of restrictive measures during the coronavirus outbreak.

Fri, 13 Sep 2019 00:00:00 GMT
Tax-News.com: Philippines House Passes Financial Services Tax Reforms
The Philippines' House of Representatives on September 9, 2019, approved two bills to overhaul the rates in place on financial services and passive income.

Fri, 30 Aug 2019 00:00:00 GMT
Tax-News.com: Filipino Financial Services Tax Reforms Clear First Hurdle
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.

Thu, 22 Aug 2019 00:00:00 GMT
Tax-News.com: Philippines Launches E-Payments Portal For Tax
The Philippines' Bureau of Internal Revenue has launched a digital tax payments system.

Fri, 31 May 2019 00:00:00 GMT
Tax-News.com: Philippines To Launch Estate Tax Amnesty In June
The Filipino Government has said it is planning to launch its proposed estate tax amnesty next month.

Fri, 10 May 2019 00:00:00 GMT
Tax-News.com: Philippines Seeking Passage Of Corporate Tax Plan By Summer
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.

Thu, 14 Mar 2019 00:00:00 GMT
Tax-News.com: Duterte Vetoes Law For Filipino General Tax Amnesty
The Philippines has launched a tax amnesty for those with unsettled estate tax liabilities.

Tue, 12 Feb 2019 00:00:00 GMT
Tax-News.com: Philippines To Double Down On Tax Audits
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.

Fri, 21 Dec 2018 00:00:00 GMT
Tax-News.com: Philippines To Soon Launch Tax Amnesty
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.

Fri, 23 Nov 2018 00:00:00 GMT
Tax-News.com: OECD Reports Progress On Harmful Tax Regimes Work
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.

Tue, 4 Sep 2018 00:00:00 GMT
Tax-News.com: Philippines Aiming To Finalize Tax Reform By End Of October
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.

Fri, 17 Aug 2018 00:00:00 GMT
Tax-News.com: Filipino Bill Would Extend Corporate Tax Perks For Schools, Hospitals
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.

Wed, 23 May 2018 00:00:00 GMT
Tax-News.com: Corporate Tax Cut Plan Before Filipino Lawmakers
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.

Fri, 11 May 2018 00:00:00 GMT
Tax-News.com: Switzerland To Implement Philippines Trade Deal
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.

Mon, 9 Apr 2018 00:00:00 GMT
Tax-News.com: Filipino Business Leaders Back Corporate Tax Reform
Business leaders in the Philippines say they fully support the Duterte Administration's proposed corporate tax reforms and investment incentives package.

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