SINGAPORE PRIME MINISTER LAWRENCE WONG / JUNE 4, 2025 President Ferdinand R. Marcos Jr. along with Singapore Prime Minister Lawrence Wong during the arrival ceremony at the Malacañang Palace grounds, Manila on Wednesday, June 4, 2025. President Marcos and Prime Minister Wong hold bilateral talks to discuss the strengthening of Philippines-Singapore relations and explore opportunities for deeper cooperation across various sectors. During the bilateral meeting, the two leaders discuss key areas of cooperation such as health, climate change mitigation and civil service cooperation. INQUIRER PHOTO / NIÑO JESUS ORBETA

MANILA, Philippines — The Philippines, through the Department of Finance (DOF), has begun negotiations with Singapore to update the nearly five-decade-old 1977 Double Taxation Agreement (DTA).

This move aims to “keep pace with the demands of the modern economy and strengthen bilateral and investment relations that will translate to more jobs for Filipinos,” the DOF said.

https://business.inquirer.net/549112/philippines-singapore-in-talks-to-modernize-48-year-old-tax-pact

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