Philippine Legal Advice

Law Allowing Tax Refunds for Foreigners

Law Allowing Tax Refunds for Foreigners

Law Allowing Tax Refunds for Foreigners Republic Act No. 12079: Tax Refunds for Foreigners The Philippines now joins a host of other tourist destinations in the world offering tax refunds to foreigners. With the enactment of Republic Act No. 12079, entitled “An Act Creating a VAT Refund Mechanism for Non-Resident Tourists…”, foreign visitors will now

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Understanding the Changes in the Revised Corporation Code of the Philippines

Introduction The Revised Corporation Code of the Philippines, enacted through Republic Act 11232, marks a significant shift in the landscape of corporate governance and business operations within the country. Signed into law on February 20, 2019, this new code aims to modernize corporate procedures, enhance ease of doing business, and promote good governance practices among

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