Thursday 14 December 2017
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20 days ago

Paying taxes in PH remains cumbersome

Despite the introduction of electronic payment schemes, paying taxes in the Philippines remained hampered by numerous procedures and the highest total rate in Asean, according to the World Bank. The multilateral lender s joint Paying Taxes 2018 report with PricewaterhouseCoopers ranked the Philippines 105th among 190 countries in the ease of settling tax dues, with a distance to frontier of 69.27. The distance to frontier measures how far the economies covered by the report were to the best-performing

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