The OECD has announced that the Philippines joined the Inclusive Framework on BEPS, bringing the total number of members to 144. As a member of the Framework, the Philippines is committed to the implementation of the minimum BEPS standards, as well as the two-pillar solution to address the tax challenges arising from the digitalisation of the economy.
The Philippines Department of Finance issued the following release on joining the framework.
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PH joins OECD/G20 BEPS Inclusive Framewo…