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New-Procedures-for-Claiming-Tax-Treaty-Benefits_opt

02 Mar: New Procedures for Claiming Tax Treaty Benefits for Dividends

It has become simplier for non-residents to enjoy preferential withholding tax rates for dividends, interest, and royalty earnings from domestic sources. The Bureau of Internal Revenue has issued new procedures to claim preferential tax treaty benefits for nonresidents covered by tax treaties signed by the Philippines with other countries.