BIR Clarifies Tax Treatment for US-Funded Projects in Philippines
Business

BIR Clarifies Tax Treatment for US-Funded Projects in Philippines

The Bureau of Internal Revenue (BIR) in the Philippines has issued a circular clarifying the tax treatment for contractors, grantees, and recipients of US government (USG)-funded projects supporting the Philippine criminal justice system. This provides clarity on VAT for local procurements and imports, income tax for foreign contractors, and taxes for USG personnel.

This article requires PRO

This article is outside the free access window or is a special report. PRO unlocks it and the full archive.