MANILA, Philippines — The Department of Finance (DOF) and Bureau of Internal Revenue (BIR) have sought the cooperation of other government agencies to ensure that foreign nationals working in Philippine offshore gaming operators (POGOs) are properly monitored and are paying their taxes. During a meeting last Feb. 19, Finance Secretary Carlos Dominguez asked the Department of Foreign Affairs (DFA), […]
Read MoreThe value-added tax (VAT) refund scheme for Chinese New Year shopping failed miserably, with a meagre 10 million baht in transactions. Of the total, 90% was spent via debit card and the remaining 10% through QR code payment, said Lavaron Sangsnit, director-general of the Fiscal Policy Office (FPO). Debit cards and QR codes are not […]
Read MoreMANILA, Philippines — The Philippines is among the countries with conducive working environment for women in terms of rights and opportunity, according to a new report by the World Bank. The country scored above the global average in the bank’s “Women, Business and the Law 2019 Index” that measures the quality of legal and business […]
Read MoreThe Palang Pracharath Party (PPRP) unveiled tax schemes on Friday to help salaried workers, graduates and entrepreneurs. While a reduction in income tax will be used to help salaried workers, new graduates and e-commerce entrepreneurs will be given tax breaks in order to get a head start in their career, according to Kobsak Pootrakool, the party’s […]
Read MoreTOKYO: Thailand will apply this month to join the new trans-Pacific free trade agreement, aiming to ensure it is not left behind by its competitors in the vibrant region, according to the country’s trade negotiations chief. “Thailand is working with the documents for applying to the CPTPP,” said Auramon Supthaweethum, director-general of the Trade Negotiations […]
Read MoreThe Bank of Thailand has become cautious in its export outlook, predicting the country’s payment-based outbound shipments will shrink in the first quarter after a year-on-year contraction in January exports. The export contraction is expected to extend into February and persist through the first quarter, given external risks and a high-base effect, said Don Nakornthab, senior director […]
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