Philippines holds 79^th spot in Global Tax Expenditures Transparency Index

The Philippines’ rank remained at 79^th out of 116 countries and jurisdictions in the of the by and the . Despite the unchanged ranking, the country’s score improved to 40 from 35.70 out of 100, falling below the global average of 47.92. The index scores and ranks a country’s global tax expenditure (TE) transparency based on five dimensions across TE data veracity and robustness.