They have no income tax, no property taxes, no capital gains taxes, no payroll taxes, and no withholding tax. A tax haven is any jurisdiction (typically a country) with very favorable tax laws and ...

Copyright 2025 The Associated Press. All Rights Reserved. President Donald Trump speaks in the Roosevelt Room of the White House, Tuesday, Jan. 21, 2025, in ...

BAGUIO CITY, Philippines — The country’s mayors were ... Also excluded from the National Tax Allotment (NTA) computations are the profits generated by the Cagayan Economic Zone Authority ...

MANILA, (PIA) — To support small business owners and boost the local economy, Mayor Jeannie Sandoval announced a 100% tax exemption for sari-sari stores and carinderias (small eateries) for the year ...

MANILA, Jan 20 (Reuters) - Philippine law enforcers have arrested a Chinese national on suspicion of espionage, recovering in his possession equipment authorities believe could be used for spying ...

previously said excise tax collection has steadily decreased since 2022, even as the number of smokers has increased. At a Blue Ribbon Committee hearing on the Philippines earnings a "Dirty ...

MANILA – The Court of Tax Appeals (CTA) has affirmed its earlier ruling denying an offer of settlement by payment of fine made by individuals who tried to bring in USD491,600 into the country in 2019 ...

Finance Secretary Ralph G. Recto resolved concerns on the computation of the National Tax Allotment (NTA) shares for local government units (LGUs) in a productive dialogue with city mayors on January ...

An overhaul of Maryland’s personal income taxes would give two-thirds of filers an average tax cut of about $173 ... sports betting from 15% to 30%, on table games from 20% to 25% and on ...

On Tuesday, a large Chinese coastguard ship patrolled the hotly disputed Scarborough Shoal and then sailed toward the northwestern coast of the Philippines, coming as close as 143km (77 nautical ...

Manila, Philippines – [January 11, 2025] – In a significant move towards enhancing the country’s tax framework, a high-level discussion was held between the Organisation for Economic Co-operation and ...

The move comes against the backdrop of rising tension between the Philippines, a U.S. treaty ally, and Beijing during the past two years, stemming from their overlapping claims in the busy ...