The Bangko Sentral ng Pilipinas (BSP) ordered financial institutions in the Philippines to comply with FATF rules.
Claire Feliciano
As per the DOJ, BOI can still grant RBEs Pioneer Status on registered business entities in the Philippines.
The Department of Labor and Employment (DOLE) issued a revised IRR on Service Charge Law in the Philippines.
The current administration signed into law the Republic Act (RA) 11976, or the Ease of Paying Taxes Act in the Philippines.
The IPOPHL will increase its manpower to improve the fight against piracy and counterfeiting in the Philippines.
As per PIDS, the government must strengthen migration policies and ameliorate overseas Filipino workers (OFWs) social protection.
The current government will start imposing a creditable withholding tax on certain earnings made by joint ventures in the Philippines.
The Fiscal Incentives Review Board (FIRB) has authorized tax incentives for 25 projects in the Philippines.
Finance Secretary Benjamin Diokno lauded the passage of the bill related to imposing digital VAT in the House of Representatives.
SC declared POGO franchise tax unconstitutional as well as numerous revenue circulars demanding a 5% tax on gross bets in the Philippines.