29.2 C
Manila
Friday, April 10, 2020
 
Home Business Corporate News Tax deal between PH and Ireland in the works

Tax deal between PH and Ireland in the works

 

A double taxation agreement between the Philippines and Ireand are being explored by both countries, according to the Department of Finance (DoF). In a statement on Wednesday, the Finance department quoted Undersecretary Antonette Tionko as saying that a working draft of the deal is being studied by both parties. She noted that the first round of talks held in Manila recently covered discussions on avoiding double taxation on income and capital gains, as well as the prevention of tax evasion and avoidance. “The negotiation was conducted in a friendly atmosphere with mutual understanding, which allowed the two delegations to examine all of the articles under discussion,” she said. The DoF official stressed that provisions on persons covered, the taxes to be covered, provisions on residents and immovable property, and business profits, among others, “have already been mutually agreed upon.”

 

 


Covid-19 death toll up at 221 as cases reach 4,195 — DoH

EIGHTEEN more people died due to the coronavirus disease (Covid 19), bringing the count to 221 from 203 as the number of cases increased...

Navotas launches medicine delivery program to seniors

Navotas City has launched a program that would allow house-to-house delivery of maintenance medicine to the city’s elderly residents. The “Maintenance Mo, Deliver Ko” program...

Taguig launches ‘learn from home’ online show

THE Taguig City Government has partnered with the Department of Education (DepEd)-Taguig City office to promote a “learn from home” experience in the city...

DepEd mulls ‘Palaro’ cancellation

THE Department of Education (DepEd) is set to propose the cancellation of the already-postponed Palarong Pambansa 2020 amid the coronavirus disease 2019 (Covid-19) pandemic,...

PH secures $500-M loan from WB

THE government has secured a $500-million loan from the World Bank to strengthen its capacity to address disaster risks, respond to and recover from...

Today's Front Page