The Philippines has enacted a new law aimed at making it easier for taxpayers to pay their taxes.

Philippine President Ferdinand Marcos Jr. has signed a bill called the "Ease of Paying Taxes Act" into law, aiming to increase revenues for infrastructure spending and modernize tax administration. The law allows taxpayers to file tax returns electronically or manually, and allows non-residents to register for these facilities. The aim is to attract foreign investors and make it easier for them to do business in the Philippines.

January 07, 2024
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