On 3 October 2017, Mexico's Senate approved the pending income tax treaty with the Philippines. The treaty, signed 17 November 2015, is the first of its kind between the two countries.
Taxes Covered
The treaty covers Mexican federal income tax and all income taxes under the Philippine National Internal Revenue Code.
Service PE
The treaty includes the provision that a permanent establishment will be deemed constituted when an enterprise furnishes services through employees or other engag…