Menu
Expat.com
Search
Magazine
Search

Philippine taxes

K
#1

Does the Philippines tax social security and investment income in the US?


Thanks!

See also
mugtech
#2

No

Need help with your tax obligations in the Philippines?
Consult a tax advisor
V
#3

@Kidrome48

No,

The country where the income is Earned from will be the one you owe tax too.

If its income from the US then IRS will tax it, if its earned here in the Philippines then it will be BIR.

So after moving here you will be required to file a tax return with IRS yearly.

For the last 5 years I have used the IRS affiliated free online service OLT.

So if Someone had income from both countries they would be required to report income to both.

But as far as a Expat living here off of a USA SS you only have to deal with the IRS while here.

1 member reacted to this post

Essential services for your expat journey

Choose the best health insurance
Choose the best health insurance
Protect your health and get easy access to treatment for expats in the Philippines.
Plan your international move
Plan your international move
Facilitate your move to the Philippines by getting a quote from our top rated movers.
Open a bank account that suits you
Open a bank account that suits you
Discover the best international banks to manage your money securely.
Send money overseas at the best rate
Send money overseas at the best rate
For fast, safe and secure money transfers to and from the Philippines.
Other discussions on tax in the Philippines
Ask your questionOther discussions about tax in the Philippines

Further reading

Lifestyle in the Philippines
About to move to the Philippines? Wondering how you're going to adapt to your new environment and lifestyle? ...
Accommodation in Iloilo
Iloilo, nicknamed the 'Heart of the Philippines', is a province stretching over 4,663 km² in the ...
Dating in the Philippines
The beauty of the Philippines, with its dramatic modern and old Spanish architecture, plus the golden sands and ...
Accommodation in Cagayan de Oro
Cagayan de Oro (CDO) nicknamed the 'City of Golden Friendship' is a highly urbanized city located in ...
The health system in the Philippines
The Philippines consists of more than 7,600 islands. Bearing that in mind, health care services are available ...
Accommodation in Manila
There are lots of renting options to choose from when relocating to Manila. Most expats in the Philippines live in ...
Work in Cagayan de Oro
Cagayan de Oro, officially known as the City of Cagayan de Oro, is a 1st class urbanized city in the Northern ...
Retire in the Philippines
Retiring in the Philippines can be an exciting prospect for expats.  Settling down in the Philippines has its ...