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Philippines, value-added tax and HBO
Philippines to tax foreign-based digital service providers
PHILIPPINE President Ferdinand Marcos on Wednesday (Oct 2) signed into law a measure that imposes a 12 per cent value-added tax on foreign-based firms providing digital services in the country. Read more at The Business Times.
Philippines imposes 12% value-added tax on Netflix, HBO services
MANILA - Philippine President Ferdinand Marcos Jr. on Wednesday signed a law imposing a 12% value-added tax (VAT) on non-resident digital service providers including Netflix, HBO and Disney.
Philippines make Netflix, HBO streaming expensive with 12% value-added tax
This law could support the development of local streaming platforms as global companies like Netflix and regional provider Viu aim to grow their presence in the Philippines, which has a population exc
New law imposes VAT on Netflix, other digital services
President Ferdinand Marcos Jr. on Wednesday signed into law the Value Added Tax (VAT) on Digital Services. The measure imposes 12-percent VAT on foreign digital services such as Netflix and Amazon to boost government revenue and fund programs.
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Philippines
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