Senate ratifies cybercrime, tax treaties

The Senate on Monday passed on third and final reading five resolutions concurring the ratification of five treaties, including the Budapest Convention on Cybercrime which would prevent syndicates from making the Philippines a “haven” for their illegal activities.

Senators also unanimously ratified four treaties covering the Philippines’ Double Taxation Avoidance Agreements (DTAA) with Mexico, Thailand and Sri Lanka, and the Agreement on the Asean+3 Macroeconomic Research Office (AMRO).