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

The Philippines Department of Finance (DOF) categorically refuted reports alleging the imposition of new taxes and stressed that there is no need for additional revenue measures at this time, given the government’s robust fiscal position. This

The Philippines' Department of Finance has announced an amendment to the VAT requirements for non-resident digital services providers (DSPs) operating in the Philippines. Starting 1 June 2025, non-resident digital service providers (DSPs) must

The Philippines and Laos have concluded a second round of income tax treaty negotiations from 25 to 27 March 2025, following the first round on 4 to 6 December 2024. The Philippines and Laos conducted the first round of negotiations for its

As of 26 March 2025,  officials from Iceland and the Philippines recently convened to explore opportunities for bilateral cooperation, focusing on initiating negotiations for an income tax treaty. Iceland's non-resident Ambassador to the

The Philippines' tax administration (BIR) issued Revenue Resolution 11-2025 on 27 February 2025, announcing the expansion of the electronic invoicing (e-invoicing) system. The Philippines' e-invoicing mandate requires taxpayers to issue invoices