Filipino Expats Blog in Thailand

With the Overseas Foreign Workers remittances amounting to $17.3 Billion in 2009 despite the global economy slow down. This is a good news to all of you hardworking Filipino OFW’s.

Overseas Filipino workers (OFWs) are now exempted from paying documentary stamp tax (DST) on their remittances as well as travel tax and airport fee.

This is contained in the amended Migrant Workers and Overseas Filipinos Act.

The law exempts migrant workers from the payment of travel tax, DST, and airport fee upon showing of proof of entitlement from the Philippine Overseas Employment Administration (POEA).

“The remittances of all OFWs, upon showing the same proof of entitlement by the OFW beneficiary or recipient, shall be exempted from the payment of documentary stamp tax,’’ Section 22 of Republic Act 10022, stated.

Former labor undersecretary and now Nacionalista Party (NP) senatorial bet Susan Ople immediately urged the Department of Labor and Employment (DoLE) and the Department of Finance (DoF) to immediately issue the new law’s implementing guidelines. Read more

Share your thoughts or read about what Filipino OFW’s say about this.