The Philippines will impose a 12% value-added tax (VAT) on digital services offered by tech giants such as Amazon , Netflix , ...
The Philippines has imposed a 12% VAT tax on digital services provided by tech giants. The article discusses the implications ...
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 ...
The country’s group of retailers cheered the signing of the law imposing value-added tax on digital services as this would ...
Digital platforms offered by foreign companies such as Netflix are now subject to 12 percent value-added tax under a new law ...
Commissioner Romeo Lumagui Jr. said Friday he supports the goal of Republic Act No. 12023 to level the playing field between ...
This levels the playing field for our local MSMEs by removing the unfair advantage previously enjoyed by foreign digital service providers,” DTI Acting Secretary Cristina A. Roque said in a statement ...
The newly signed Republic Act (RA) 12023 aims to impose a 12% Value Added Tax (VAT) on non-resident digital service providers ...
Companies such as Netflix will likely pass the burden of the 12% VAT to consumers by hiking prices, says Mon Abrera, founding ...
A 12% Value Added Tax (VAT) will be soon imposed on foreign digital services, including Netflix, Spotify, and Amazon, among ...
THE Department of Trade and Industry (DTI) said newly signed legislation that will impose value-added tax (VAT) on foreign digital service providers will help level the playing field for micro, small ...