The Bureau of Internal Revenue (BIR) said the new law imposing a 12-percent value-added tax (VAT) on foreign digital services ...
The imposition of value-added tax (VAT) on digital services provided by foreign entities is not a new tax, but was meant to ...
Companies such as Netflix will likely pass the burden of the 12% VAT to consumers by hiking prices, says Mon Abrera, founding ...
Commissioner Romeo D. Lumagui Jr. supports the goal of Republic Act No. 12023, which is to level the playing field between ...
President Ferdinand Marcos has signed into law a measure that imposes a 12% value-added tax on foreign-based firms providing digital services in the country.
Have you experienced the ease of switching from paper forms to online forms and tracking their progress? E-government offers many such conveniences, ensuring the most vulnerable can access essential ...
PRESIDENT Ferdinand Marcos Jr. on Wednesday signed a law imposing value-added taxes (VAT) on foreign digital service ...
Digital platforms offered by foreign companies such as Netflix are now subject to 12 percent value-added tax under a new law ...
THE Department of Finance (DOF) on Wednesday gave assurances the value-added tax (VAT) on digital services will not hinder the growth of the digital economy. President Ferdinand R. Marcos Jr. signed ...
PHILIPPINE President Ferdinand R. Marcos, Jr. on Wednesday signed into law a bill taxing nonresident digital service providers (DSP) including Netflix and Amazon, from which it expects to collect P100 ...
Philippine President Ferdinand Marcos on Wednesday signed into law a measure that imposes a 12 percent value-added tax on foreign-based firms providing digital services in the country.
The government is not expecting foreign digital service providers (DSPs) to implement a significant increase in the prices of ...