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Philippines, Value-Added Tax and HBO
Philippines Imposes 12% Value-Added Tax on Netflix, HBO Services
Philippine President Ferdinand Marcos Jr. on Wednesday signed a law imposing a 12% value-added tax on non-resident digital service providers including Netflix, HBO and Disney.Most Read from BloombergA 7,
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
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.
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.
TheCable
3h
‘VAT modification, tax exemptions’ — FG introduces incentives to boost oil, gas sector
The federal government says it has introduced concessions aimed at revitalising the oil and gas industry to ensure a boost in ...
Inquirer on MSN
43m
New tax law hopes to raise P105B from foreign DSPs
President Marcos on Wednesday signed into law a measure imposing a 12-percent value-added tax (VAT) on foreign digital ...
Sahara Reporters
2h
BREAKING: Tinubu Govt Announces New VAT Exemption On Electric Vehicles, CNG, Others; Tax Reliefs For Deep Offshore Projects
The minister said the two new fiscal incentives are Value Added Tax (VAT) Modification Order 2024 and Notice of Tax Incentives for Deep Offshore Oil & Gas Production, which according to him, are in ...
Trinidad Express Newspapers
13h
Imbert: $2.5b in tax evasion from VAT
The Trinidad and Tobago Revenue Authority (TTRA) will deal with tax evasion in the country, Finance Minister Colm Imbert said ...
LEADERSHIP Newspaper
15h
Federal Gov’t To Boost MSMEs With Tax Incentives
The federal government has pledged continued support for micro, small, and medium enterprises (MSMEs) by providing tax ...
en.interfax.com.ua
7h
Rada committee head: Situation in country requires increase in military tax, VAT
The solution to the problem of collecting the missing funds for the army is to increase both the military tax and the ...
Opinion
gulftoday
2d
Opinion
Labour's move to tax private education is a gamble
White, 67, had been hoping to retire but a policy introduced by Britain's new Labour government means his daughter's school ...
2d
9.4 trillion won less in national taxes in January-August...Corporate tax of 16.8 trillion won ↓
Until last month this year, national tax revenue was estimated to have decreased by more than 9 trillion won from last ...
8d
Superdry boss says Shein allowed to 'dodge tax'
The boss of the clothing chain Superdry says its rival Shein is being allowed to "dodge tax", and is urging the government to ...
GMA News Online on MSN
18h
DOF: Gov’t expects to collect P102.12B from VAT on foreign digital services in 5 years
The newly imposed 12% value-added tax on digital services provided by non-resident or foreign entities is expected to ...
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Philippines
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vat on digital services law
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