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Senate Ratifies Five International Treaties on Tax, Security, Education, Aviation, and Criminal Justice
The Philippine Senate has given final approval to ratify and accede to five international agreements concerning taxation, security, education, aviation, and criminal justice cooperation. This move aims to prevent double taxation, enhance criminal investigation collaboration, and facilitate international recognition of higher education qualifications.
THE Senate on Monday approved on third and final reading five resolutions on the ratification and accession of international agreements on taxation, security, education, aviation, and criminal justice cooperation. The chamber concurred in the ratification of Senate Resolution No. 628 which eliminates the double taxation and aims to prevent fiscal evasion in relation to taxes on income, easing the tax burden on individuals and businesses engaged in cross-border activities and transactions between the Philippines and Cambodia. “With the approval of the five resolutions on third and final reading, the Senate advances the Philippines’ participation in international agreements designed to strengthen cross-border cooperation, provide greater legal certainty and support the country’s diplomatic, economic, educational and security interests,” the Senate Public Relations and Information Bureau said in a press statement on Monday. The chamber also passed Senate Resolution No. 622, seeking concurrence in the accession to the Protocol to Amend the Convention on Offences and Certain Other Acts Committed on Board Aircraft, which sets an international legal framework addressing offenses committed in aircraft. Under Resolution No. 624, the Senate also concurred in the ratification of Philippine-India Treaty on Mutual Legal Assistance in Criminal Matters bolstering the two countries’ joint efforts in investigation, prosecution, and prevention of criminal offenses. The chamber also approved the Senate Resolution No. 625 on the Convention on International Liability for Damage Caused by Space Objects, providing the Philippines an international legal framework on claiming compensation in case of damage from space objects which includes provisions on liability, insurance coverage, and indemnification. The Senate also sought concurrence in the Philippines’ accession to the Asia-Pacific Regional Convention on the Recognition of Qualifications in Higher Education through Resolution No. 626 seeking to recognize the country’s higher education qualifications abroad. — Kaela Patricia B. Gabriel
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