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20 percent tax on deposits not new: BPI
BPI President Jose Teodoro Limcaoco, who is also the president of the Bankers Association of the Philippines, said there has ...
Philstar.com on MSN1d
CMEPA and the 20% tax: What it means for your bank savings
The Department of Finance (DOF) has since clarified misconceptions fueled by social media buzz, especially the mistaken ...
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Banks Impose Uniform 20% Tax on Interest Income—Here’s What You Need to Know
Major Philippine banks have already started implementing a uniform 20% final withholding tax on interest income from deposit products, effective July 1.