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Philippine Bureau of the Treasury Launches Streamlined Tax Treaty Procedure for Government Securities

15 November 2024

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Approved Changes

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Philippines

The Philippine Bureau of the Treasury has announced the launch of a streamlined tax treaty procedure for government securities. --- Bureau of the Treasury Launches Streamlined Tax Treaty Procedure for Government Securities MANILA, Philippines, 05 November 2024 – The Bureau of the Treasury (BTr) has announced the implementation of a streamlined tax treaty procedure for non-resident investors of Government Securities (GS). This initiative is a part of the Bureau's ongoing efforts to attract foreign participation in the GS market and strengthen the domestic capital market. Under the streamlined process, non-resident investors no longer need to submit several tax documents to...