ACROSS the ASEAN+3 region (comprising 10 members of the ASEAN and China; Hong Kong, China; Japan; and Korea), governments are facing mounting pressure to raise revenue.

IN our June 2025 Manila Times article titled "The way forward: Revisiting Philippine tax incentives," we discussed how the evolving global tax landscape, particularly the Organization for Economic ...

The Philippines has introduced significant tax reforms, reducing the tax burden on companies, aiming to encourage job creation, and boost export revenues. The law, known as “CREATE More”, lowers the ...

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 ...

On September 21, thousands of Filipinos poured into the streets to protest what they perceived as systemic corruption in the government. Their message was unambiguous. Every peso siphoned off through ...

To raise money for government projects, the Philippines will extend a 12% tax on digital services to international companies—streaming services, e-commerce sites, search engines, and more. Emily is an ...

The Philippines is to impose a 12% value-added tax on overseas digital service providers operating in the country, including Netflix, HBO and Disney. The measure was signed into law on Wednesday by ...

Two subsidiaries of publicly-listed firm D&L Industries have secured a two-year Income Tax Holiday (ITH) extension for their ...