Foreign chambers seek clearer tax rules for cross-border services

Abi Sarabia M., Philippine Canadian Inquirer
August 21, 2026

Photo courtesy: Philippine News Agency

MANILA, Philippines — Foreign business groups are urging the Philippine government to provide clearer and more consistent tax rules for cross-border services to help companies plan investments and comply with tax requirements.

The Joint Foreign Chambers of the Philippines (JFC) raised the issue during a policy dialogue on Revenue Memorandum Circular 5-2024, which covers the taxation of services provided or received across borders.

The group said unclear or inconsistent tax rules can affect how companies structure transactions, plan operations and make investment decisions.

“For the Joint Foreign Chambers of the Philippines, tax certainty is an important component of the investment environment,” the JFC said.

Representatives from the Bureau of Internal Revenue, Department of Finance, business groups, legal and tax professionals, and academics joined the discussion.

Participants called for clearer implementation of the tax circular, particularly on documentation, reporting and compliance requirements for cross-border transactions.

The dialogue was held under Arangkada Philippines, the JFC’s advocacy program focused on improving the country’s investment climate and competitiveness.

The JFC said it will consolidate the concerns and recommendations raised during the discussion and coordinate with government agencies on possible next steps.

The group represents more than 3,000 member companies in the Philippines.