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Philippine Department of Finance Issues Release on Work-From-Home Authorization for IT-BPM Companies in Ecozones

|Approved Changes|Philippines
Philippines

The Philippine Department of Finance issued a release on 17 September 2021 regarding work-from-home authorization granted by the Fiscal Incentives Review Board (FIRB) for Information Technology Business Process Management (IT-BPM) enterprises in economic zones (ecozones) due to COVID-19. This involves certain tax obligations in relation to equipment and assets taken outside the ecozones for wor…

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