Phillipines residency for seychelles ibc will it work for no pe and no cfc?

[fortunespeculator]

Phillipines residency for seychelles ibc will it work for no pe and no cfc?

Or Any list of country residences that dont trigger pe or cfc laws for seychelles ibc owner?

 

[backpacker]

Phillipines residency for seychelles ibc will it work for no pe and no cfc?

According to the most recent approach of BIR it will not work. Trigger: PE!

Read -> Tax obligation of a permanent establishment | Fulvio D. Dawilan and -> How Permanent Establishments Should Pay their Taxes?
The details the been discussed widely here -> Singapore options and here -> Best country for a freelancer / digital nomad post-covid . Read both threads in its entirety to draw your own conclusion.