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What is Taxation Principles and Double Taxation Issues about?

1. Double taxation is not a valid defense against the legality of a tax measure on its own. However, if it amounts to direct duplicate taxation where the same subject is taxed twice for the same purpose by the same taxing authority, then it becomes legally objectionable. 2. When income is taxed in both the Philippines and another country, it is considered indirect duplicate taxation which is not legally prohibited as the taxes are imposed by different authorities. Common methods to avoid double taxation i

Author

Soul Moontoon

Language

EN