Philippines to Impose 12% Tax on Foreign Streamers – Global Bulletin
The Philippines is to impose a 12% value-added tax on overseas digital service providers operating in the country, including Netflix, HBO and Disney. The measure was signed into law on Wednesday by President Ferdinand Marcos Jr.
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New tax law hopes to raise P105B from foreign DSPsPresident Marcos on Wednesday signed into law a measure imposing a 12-percent value-added tax (VAT) on foreign digital ...
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