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Philippines - Overview and introduction

Philippines - Overview and introduction

Taxation of international executives

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The official currency of the Philippines is the Philippine Peso (PHP).

Herein, the host country/jurisdiction refers to the country/jurisdiction to which the employee is assigned. The home country/jurisdiction refers to the country/jurisdiction where the assignee lives when they are not on assignment.

Disclaimer

All information contained in this publication is summarized by R.G. Manabat & Co., the Philippine member firm of the KPMG global organization of independent member firms affiliated with KPMG International Limited, a private English company limited by guarantee. The information contained in this publication is based on the Republic of the Philippines Bureau of Internal Revenue, Social Security System, Philippine Health Insurance Corporation, and Home Development Mutual Fund.

© 2021 R.G. Manabat & Co., a Philippine partnership and a member firm of the KPMG global organization of independent member firms affiliated with KPMG International Limited, a private English company limited by guarantee. All rights reserved.

 

For more detail about the structure of the KPMG global organization please visit https://home.kpmg/governance.

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