Icon Tax Group: RISK ALERT – Philipines

With the new Philippine President in power, and he has chosen to write his own laws on punishment and his move to build relationships with China, and the anti American remarks by the Philippine President, the Philippines should be considered a risk.  The anti American remarks shows that under the new leadership he wants to side with countries that do not believe in laws or the respect of their people.  This is a dangerous situation when the leader of a nation makes his own rule of law.  We project that due to the Presidents action(s) he will put his people at risk.  We advise that investment dollars into the Philippines are at risk.

by Michael Lodge