Remittances sent by Overseas Filipino Workers to the Philippines from abroad are not themselves subject to taxation by the Philippine government, which has no jurisdiction over foreign remittance. However, a value-added tax is imposed on transfer fees charged by the remittance companies.[8] Under Presidential Decree No. 1183 and Republic Act No.8042, or the Migrant Workers and Overseas Filipino Act of 1995, Overseas Filipino Workers are exempt from travel tax and airport terminal fees when traveling out of the Philippines from within the country.[9]