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The Management Association of the Philippines has partnered with the Department of Trade and Industry to intensify efforts to promote the Philippines as an ideal investment destination.
New rules allow the Asian country to pursue ‘low-carbon future’
New rules allow the Asian country to pursue ‘low-carbon future’
The Philippines imposes a territorial tax system, meaning only Philippine-sourced income is subject to taxes.
Six months into the Marcos administration and it seems the government has yet to clearly state its plan on how to consolidate the country’s finances badly hit by the pandemic, only cementing expectations of new taxes sooner rather than later.