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tax remittances

Gov’t Passes Bill to Tax Expats 5% on Remittances

For many years, expats including overseas Filipino workers (OFWs) have eyed the Middle East for the attractive salaries and benefits the countries offer, not to mention the no-tax rule in GCC member nations. However, with plans to impose a value added tax scheme in countries such as Saudi Arabia, the UAE, and Kuwait, things are [...]