Philippines announces the submission of FATCA reports in 2016

On 1 September 2015, the Philippines Bureau of Internal Revenue (BIR) announced that pending the entry into force of the IGA, financial institutions will not have to submit information on reportable accounts until the second quarter of 2016 (Link). According to the same announcement, the reports to be submitted in 2016 will include information for both 2014 and 2015.

Leave a reply

Your email address will not be published. Required fields are marked *

/* */