Close  

PH adding Ireland to list of countries to have pacts with to avoid double taxation

By: - Reporter / @daxinq
/ 03:36 PM August 28, 2019

The governments of the Philippines and Ireland recently held the first round of negotiations on a pact to avoid double taxation on individuals and companies from both countries.

Finance Undersecretary Antonette Tionko said the first round of talks held recently in Manila covered discussions about how to avoid double taxation on income and capital gains while also preventing tax evasion.

ADVERTISEMENT

The Philippines currently has existing agreements avoiding double taxation with several countries, including the United States, Switzerland, the United Kingdom and Northern Ireland, United Arab Emirates, Thailand, Australia and Germany.

Treaties preventing double taxation would benefit citizens of countries that are party to the pacts from being taxed by the country in which he works and also by the country of his origin./TSB

FEATURED STORIES

Read Next
LATEST STORIES
MOST READ
Don't miss out on the latest news and information.
View comments

Subscribe to INQUIRER PLUS to get access to The Philippine Daily Inquirer & other 70+ titles, share up to 5 gadgets, listen to the news, download as early as 4am & share articles on social media. Call 896 6000.

TAGS: agreements, citizens, Ireland, negotiations, pacts, taxation, taxes
For feedback, complaints, or inquiries, contact us.


© Copyright 1997-2019 INQUIRER.net | All Rights Reserved

We use cookies to ensure you get the best experience on our website. By continuing, you are agreeing to our use of cookies. To find out more, please click this link.