Recto: Business-friendly reforms in PH roll out red carpet for investors

of the Philippines .

The new law levels the playing field between local and foreign digital service providers by mandating a 12-percent value-added tax on all digital services consumed in the Philippines. At present, only local DSPs are subject to paying the 12-percent VAT. Meanwhile, PAMURI director Mimi Lopez Malvar committed to participating in crafting the IRR so that companies have a clear understanding of what constitutes digital services.

Meanwhile, the JFC recognized that Package 4 of the Comprehensive Tax Reform Program would be critical to strengthening economic competitiveness and improving the business climate in the Philippines.

المملكة العربية السعودية أحدث الأخبار, المملكة العربية السعودية عناوين

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CREATE MORE Bill To Attract Singaporean Investors, Says Finance Secretary RectoFinance Secretary Ralph Recto assured Singaporean investors at the 4th Philippine-Singapore Business and Investment Summit that the CREATE MORE bill will make doing business in the Philippines smoother. He highlighted the bill’s expected passage this year, emphasizing its ability to attract even more investors to the country.
مصدر: MlaStandard - 🏆 20. / 55 اقرأ أكثر »

My two favorite books on business, and they are not about businessJUNE 3 was the centenary of the death of my favorite classic writer Franz Kafka. This column is about the two books (actually, one is a novel; the other, a play) that, while not about business, are the ones that I now look back on and had the most profound lessons about business (and many other things) for me.
مصدر: TheManilaTimes - 🏆 2. / 92 اقرأ أكثر »