Philippines Negotiating Tax Treaties with 10 Countries

According to a release from the Philippine News Agency, the Philippines is negotiating income tax treaties with 10 countries as part of efforts to increase foreign investment. This includes negotiations with Cambodia, Hong Kong, Japan, Laos, Liechtenstein, Singapore, and Thailand. The Philippines is also preparing to negotiate tax treaties with Luxembourg, Malaysia, and South Korea. Note that negotiations with Japan have actually already concluded with the signing of a new tax treaty on 28 M…