The Philippines and Hong Kong have held their first round of talks on a bilateral income tax treaty aimed at enhancing cross-border tax cooperation. The Philippine Bureau of Internal Revenue (BIR) has announced that Commissioner Romeo D. Lumagui,

Germany is drafting legislation for a 10% tax on major digital platforms like Google and Facebook.  Germany’s Minister of State for Culture, Wolfram Weimer, has announced that the government is preparing draft legislation to introduce a 10%

The Hong Kong Inland Revenue Department announced on 13 May 2025 that Hong Kong and the Philippines will hold their first round of income tax treaty negotiations from 21 to 23 May 2025. The representation should reach the Inland Revenue

The Philippines Bureau of Internal Revenue (BIR) issued Revenue Memorandum Circular No. 47-2025 on 9 May 2025, offering guidance through FAQs on applying VAT to cross-border digital services. The Circular also states that nonresident providers of

The German Environment Agency (UBA) has extended the deadline for manufacturers to submit their 2024 quantity reports to 15 June 2025. In 2025, UBA will waive the usual requirement for an external audit of these reports, though it may request

The OECD-Council of Europe Convention on Mutual Administrative Assistance in Tax Matters, amended by the 2010 protocol, took effect in the Philippines on 1 May 2025. The Multilateral Convention on Mutual Administrative Assistance in Tax Matters