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Tax Matters – Importance of understanding tax treaties in international business

TAX treaties are usually signed between two countries to principally facilitate international trade and commerce to achieve tax neutrality without tax.

Philippines as a global tax leader | Joel L Tan-Torres

Part 13 One of the growing trends in international taxation is toward improving dispute resolution of tax treaty-related matters.  Presently, the Philippines has 43 tax treaties with other countries. These treaties are relied upon by taxpayers and the Bureau of Internal Revenue (BIR) to mitigate double taxation of income of…

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