.g. the“Law of the People’s Republic of China Concerning the Administration of Ta x Collection”. b.The administrative regulations of taxation are formulated by the State Council in accordance with tax laws,e.g.the “Detailed Regulations for the Implementation of the Law of the People’s R...
…charities that support small-scale farmers and help people after natural disasters have…had their top brass charged and accounts frozen for allegedly breaching the Philippines’s Anti-Terrorism Act, a draconian law passed in 2020. Their ordeal is an example of how governments are weaponising rul...
VAT has earned a negative connotation in some parts of the world, even hurting its proponents politically. In the Philippines, for example, Sen. Ralph Recto, a chief proponent of VAT in the early 2000s, was voted out of office by the electorate when he ran for reelection.67However, in t...
On May 16, 2024, the U.S. Department of the Treasury published the 2024 National Strategy for Combating Terrorist and Other Illicit Financing1(2024 Strategy). The report addresses the key threats included in the 2024 National Money Laundering, Terrorist Financing, and Proliferation Financing Risk A...
If we use the direct owner instead, the results remain qualitatively the same as the global ultimate owner is also the direct owner in the majority of the cases. 13 Tax havens are defined based on Gravelle (2009). In untabulated tests, we find that our results are not sensitive to ...
jack.sheehan@dfdl.com DIBERJOHN BALINAS Tax Director Diber has more than 15 years of professional experience as a tax adviser in the Philippines, Myanmar, and Cambodia – over seven years of which have been spent with DFDL in Myanmar. He specializes in international tax services on cross-...
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