Correction

Correction: Filipino Citizens Starting a Business in the USA: 2026

Corrected by Emir Baycan · Full-Stack Developer, Mobile App Builder and Web Platform Founder with expertise in SEO, automation, SaaS, AI visibility, DevOps and scalable digital products

Emir Baycan found something wrong, outdated, or unsupported on this page and proposed a fix. The publisher accepted the correction.

Role
Correction
Publisher
Corpy
Status
Accepted
Date
14 July 2026

The exact change

Before

Dividends: 15 percent if the beneficial owner holds at least 10 percent of voting stock, 20 percent otherwise.

After

Dividends: 20 percent if the beneficial owner holds at least 10 percent of voting stock, 25 percent otherwise.

Suggested change

Corrected the US-Philippines dividend withholding tax treaty rate, which had been stated as 15%; the correct rate is 20%.

Why this is better

The US-Philippines tax treaty dividend withholding rates were understated; the correct treaty rates are 20 percent and 25 percent, not 15 percent and 20 percent.

How this record is verified

  • The contribution is tied to a real, identified contributor, not an anonymous byline.
  • It counts only because the publisher, Corpy, accepted it. Self-claimed work earns nothing.
  • It is recorded against a specific page and cannot be bought or edited after the fact.

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