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Showing 1–3 of 3 articles for “foreign exchange”

Documentary Stamp Tax on Foreign Exchange Sales: Who Pays

Philippine Supreme Court ruling on documentary stamp tax liability for foreign exchange sales to the Central Bank.

Bank Liability in Foreign Exchange Transactions: The Reyes v. Far East Bank Standard

When are banks liable for dishonored foreign exchange drafts? The Supreme Court clarifies the diligence standard in Reyes v. Far East Bank.

Navigating Bank Liability Diligence Standards IN Foreign Exchange Transactions