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 Double Taxation Agreement (DTA) on 4 to 6 December 2024.
The tax treaty seeks to eliminate double taxation on income and prevent tax evasion or avoidance in cross-border transactions involving taxpayers from the Philippines and Laos. Its goal is to ensure fair taxation while reducing opportunities for non-taxation or undue tax reductions.
Any resulting treaty from the negotiations will be the first of its kind between the two nations and must be finalized, signed, and ratified before taking effect.
