Is Money Sent to Parents Taxable in the Philippines?
If you’re planning an outward remittance from the UAE to the Philippines, there may be a gift tax levied by the Filipino authorities. This tax becomes applicable if you send more than $15,000 (approx. PHP 766,830) in a single year. However, you can divide your remittance between both your parents to avoid paying the tax.
If you are a citizen of the Philippines working in Dubai, and just want to send money back home, you are exempted from Philippine income tax on salary earned from abroad.