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...