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Philippines Enacts Ease of Paying Taxes Act

12 January 2024

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Approved Changes

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Philippines

The Philippines published the Ease of Paying Taxes Act (Republic Act No. 11976) in the Official Gazette on 7 January 2024. The Act enters into force on 22 January 2024. An overview of the Act from the Department of Finance is as follows: --- Newly signed Ease of Paying Taxes Act to modernize PH tax administration and strengthen taxpayer rights Finance Secretary Benjamin E. Diokno welcomed the enactment of the Ease of Paying Taxes (EOPT) Act, which was signed into law as Republic Act No. (RA) 11976 by President Ferdinand R. Marcos, Jr. on January 5, 2024, to modernize the...