TAX has long been viewed as a domestic concern, rooted in local laws and national priorities. Yet today, global business, digital transformation and fast-evolving standards are reshaping that belief.
The Philippines has revised its investment regulations, reducing corporate tax rates and extending tax incentives to business process outsourcing (BPO) firms, even if up to 50% of their workforce ...
Excessive tax rate increase on tobacco products can incentivize illicit trade, resulting in lower government revenues, according to a noted American economist. Dr. Arthur Laffer, founder and chairman ...
MANILA, Jan 31 (Reuters) - The head of the Philippine nickel mining industry warned on Tuesday that the government's plan to impose an up to 10% tax on nickel ore exports could force local producers ...