New Tax Treaty between Japan and the Philippines Signed

Japan's Ministry of Foreign Affairs has announced the signing of a new income tax treaty with the Philippines on 28 May 2026. Once in force and effective, the new treaty will replace the 1980 tax treaty between the two countries.

Taxes Covered

The treaty covers Japanese income tax, corporation tax, special income tax for reconstruction, special income tax for defense, local corporation tax, and special corporation tax for defense. It covers Philippine taxes on income imposed under the Nat…