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  "documentTitle": "Doing business in the Philippines 2021",
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      "text": "Increased threshold for tax crimes to PhP25 million; Philippine offshore gaming operators and service providers included as covered persons; Real estate developers and brokers with single transactions amounting to at least PhP5 million included as covered transactions; Authority of Anti-Money Laundering Council to preserve, manage, or dispose of assets pursuant to freeze order, asset preservation order, and judgment of forfeiture",
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      "text": "House Bill No. 7805: Internet Transactions Act. Approved by Lower House (25 November 2020). The bill recognizes the role of e-commerce in the promotion of economic growth in the country, and aims to provide regulation and compliance measures to protect stakeholders and ensure safer online transactions.",
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