The Philippines has recently overhauled its financial landscape to invite foreign capital. With the enactment of the Republic Act 12066, corporations can now avail of competitive benefits that match other Southeast Asian markets.Breaking Down the New Fiscal StructureOne of the primary feature of the current tax system is the lowering of the Corpora

The Philippines has recently overhauled its financial framework to lure global businesses. With the implementation of the Republic Act 12066, corporations can now enjoy generous incentives that compete with other Southeast Asian nations.Breaking Down the New Tax StructureA major feature of the current tax code is the reduction of the CIT rate. Regi