Berlin. 12 July 2012. The Philippines and Germany concluded the third and final round of negotiations on the revision of the Agreement for the Avoidance of Double Taxation with respect to Taxes on Income and Capital on 20 July 2012 at the Germany Federal Ministry of Finance in Berlin. The new tax treaty is designed to protect against the risk of double taxation where the same income is taxable in the Philippines and Germany. It is also aimed at preventing fiscal evasion and fostering ... Read more