The updated Philippine–Japan tax treaty is expected to establish clearer and more predictable rules on the taxation of cross-border income, a development seen to benefit more than 245,000 overseas Filipinos (OFs) working and residing in Japan. “By providing clear and predictable rules on the...
The Philippines and Japan signed a landmark agreement to avoid double taxation, Malacañang said. The agreement was signed during President Marcos ' four-day state visit to Japan. Marcos and Japanese Prime Minister Sanae Takaichi witnessed the signing of the Double Taxation Convention...
The Philippines and Japan are expected to sign a new double taxation convention (DTC) on the sidelines of President Ferdinand R. Marcos Jr.’s ongoing state visit to Tokyo. Manila Bulletin learned on Wednesday, May 27, that the Philippine-Japan DTC will possibly be signed before the end of the...
Hong Kong is ramping up its incentive programs and investment facilitation schemes to further boost trade with the Philippines, committing to low trade barriers, in contrast with the protectionist policies of the United States (US). Invest Hong Kong (InvestHK), the agency responsible for...
The Philippines and Cambodia are expected to remove this year taxation that is doubly imposed on their local businesses and individuals following negotiations that happened in Manila on Tuesday, Aug. 27. Foreign Affairs Secretary Enrique Manalo and Cambodian Deputy Prime Minister Chenda Sophea sat...
The Philippines and Cambodia are set to formally sign their double taxation agreement (DTA) after six years of negotiations, the Department of Finance (DOF) announced. In a statement on Friday, May 3, the DOF said that the draft DTA between Manila and Phnom Penh was finalized on April 19, with the...
President Marcos assured Cambodian Prime Minister Hun Manet that the Philippines is doing all it can to solve the issue of double taxation between the two countries. (From right) President Ferdinand 'Bongbong' Marcos Jr. and Cambodian Prime Minister Hun Manet during a bilateral meeting in...
The Philippines and Brunei Darrusalam have signed an agreement aimed at eliminating double taxation and preventing fiscal evasion on taxes on income arising from cross-border transactions between the two Southeast Asian nations. The agreement was signed by Finance Secretary Carlos G. Dominguez III...