Philippines: IC supports non-life insurers' lobby for tax breaks

July 2011
Asia Insurance Review;Jul2011, p55
Trade Publication
The article reports on the support given by Insurance Commissioner (IC) in Philippines Emmanuel F. Dooc to the non-life insurance industry in the country for any measure to lower or eliminate taxes on their policies. According to Dooc the given the high taxes the industry is likely to face intense competition in the year 2015 when ASEAN will lower trade barriers that will enable the free flow of goods and services, including insurance, among member nations.


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