Malacañang Clarifies: 20% Tax on Bank Interest Has Been Around Since 1998 – No Need to Worry!
2025-07-18
Philippine News Agency
Malacañang Palace has reassured the public that the 20% tax on interest income from bank deposits is not a new imposition, but rather a long-standing policy that has been in effect since 1998. This clarification comes amidst growing confusion an ...Magbasa pa
