A double taxation agreement (DTA) may soon be reached by the governments of the Philippines and Cambodia, following the substantial progress made during the second round of negotiations between their respective high-level officials, the Department of Finance (DoF) announced.
In a statement, the Finance department said a Philippine delegation to the second round of negotiations led by DoF Undersecretary Antonette Tionko reported that Cambodia has agreed to “the majority of the proposals of the Philippines” on the provisions of the DTA.
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