• 2 days ago
Streamlined Tax Treaty Procedure para sa non-resident investors ng bansa, ipinatupad na

For more news, visit:
►https://www.ptvnews.ph/

Subscribe to our DailyMotion Channel:
►http://www.dailymotion.com/peoples-television-incorporated

Subscribe to our YouTube channel:
►http://www.youtube.com/ptvphilippines

Like our Facebook pages:
►PTV: http://facebook.com/PTVph
►Rise and Shine Pilipinas: https://www.facebook.com/riseandshinepilipinas

Follow us on Twitter:
►http://twitter.com/PTVph

Follow us on Instagram:
►https://www.instagram.com/ptvph

Watch our livestream on:
►http://ptvnews.ph/livestream/
►https://www.dailymotion.com/PTVPhilippines

Watch our News Programs, every Mondays to Fridays

Rise and Shine Pilipinas - 6:00 - 8:00 am
Bagong Pilipinas Ngayon - 12:00 - 1:00 pm
Sentro Balita - 1:00 pm - 2:00 pm
Ulat Bayan - 6:00 pm - 7:00 pm
PTV News Tonight - 9:30 pm - 10:30 pm

Saturday & Sunday:
►Ulat Bayan Weekend - 6:15 pm - 7:00 pm

Category

🗞
News
Transcript
00:00The Bureau of Treasury has now implemented the Streamlined Tax Treaty Procedure for non-resident investors of the country.
00:08According to the BTR, the Foreign Investors' request for the country's tax treaty scheme is far from being easier.
00:14Because of this, they no longer need to submit more tax documents to the investors
00:19in order to obtain tax treaty benefits, particularly for government securities income items.
00:25Investors also no longer need to repeat the application process for the new G.S. Income Event.
00:31This became possible due to the latest integration of the Streamlined Processed Tax Tracking System
00:38by the National Registry of Scriptless Securities,
00:41where they just need to complete the one-time process system of the agency
00:46in order to create a securities account that can automatically apply to all of their G.S. accounts.
00:53Meanwhile, according to Finance Secretary Ralph Recto,
00:55this is just one of the projects that will further strengthen the capital market of the Philippines.
01:01This will further strengthen the market liquidity of the country
01:05due to the easier process for investors.

Recommended