The Philippines government has established the primary basis for a comprehensive tax reform package that is part of a wider ambitious plan for national development. Emmanuel P Bonoan, vice chairman and chief operating officer of KPMG R.G. Manabat & Co, and former undersecretary of the Philippines Department of Finance (DoF), examines the provisions of package 1 of the tax reform, which will affect multinational corporations (MNCs) and major industries.
Unlock this content.
The content you are trying to view is exclusive to our subscribers.
As tax authorities embrace AI and governments weigh pillar two reforms, Latin America is developing a more connected and internationally focused tax agenda
Historical claims involving KPMG Australia's tax practice have surfaced as the firm battles a separate parliamentary inquiry into its handling of whistleblowers
While AI is revolutionising tax work, it is also reshaping clients’ willingness to pay for advice and their perception of the value generated by tax advisers
The UK has confirmed its approach to the OECD’s side-by-side deal, but US-parented groups may find pillar two compliance remains far from straightforward