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Is true that the Philippine government has taxed the money transfer in their country?

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Is true that the Philippine government has taxed the money transfer in their country?

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Try looking here.I copied and pasted the relavent stuff. http://www.gov.ph/faqs/tax_info.asp Withholding Tax on Government Money Payments is the withholding tax withheld by government offices and instrumentalities, including government-owned or -controlled corporations and local government units, before making any payments to private individuals, corporations, partnerships and/or associations. and here http://www.cockatoo.com/english/philippi… Money remittances from abroad to Philippine banks may be either to given accounts or just in the name of the claimant. Foreign currencies other than the US dollar, when remitted to the Philippines, cannot be directly converted into pesos but must first be converted into dollars based on the rate of exchange at its place of origin. The Philippine peso cannot be remitted from abroad

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