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OFW Money Remittance Updates

BIR Chief: No 35% Tax on OFW Remittances

Amid confusion on the alleged imposition of tax on remittances from overseas Filipinos, Bureau of Internal Revenue (BIR) Commissioner Kim Henares on Wednesday put down those rumors. Henares on Wednesday denied that there is an imposed…

OFW No Remittance Day Planned on Aug 28

A migrant advocacy group has organized a "no remittance day" as the random balikbayan box inspections earlier planned by the Bureau of Customs (BoC) was met by wave of protests among overseas Filipino workers (OFW). However, after meeting…

Learning From the Millionaires: Part II

This is a sequel to the first article that appeared on this website. We appreciate the positive feedback and hope that you will find this sequel just as informative .  Millionaire. The word brings to our mind images of grand mansions,…