The Philippines Department of Finance recently issued a release announcing a resolution to a long-standing issue regarding the continued enjoyment of incentives for enterprises in economic zones that implemented work-from-home (WFH) arrangements. In particular, the issue concerned registered enterprises of the Information Technology and Business Process Management (IT-BPM) sector that, in response to COVID-19, were allowed to implement WFH arrangements that would otherwise cause them to lose access to tax incentives. Subject to certain conditions, IT-BPM enterprises in economic zones were allowed to adopt a 90% WFH arrangement up to 31 March 2022, after which a 70% onsite / 30%...