To raise money for government projects, the Philippines will extend a 12% tax on digital services to international ...

Consumers will likely feel the impact of the value-added tax on foreign digital service providers in the first quarter of ...

The International Monetary Fund has projected that fiscal consolidation in the Philippines would proceed more moderately in 2024 than initially anticipated amid higher-than-expected interest payments ...

It also announced that the importation of key energy products and infrastructure, including diesel, feed gas, Liquefied ...

[5] It was submitted that as per provisions under Section 75 of the GVAT Act, the Tribunal could not have passed an order of ...

The government aims to collect 105 billion pesos ($1.9 billion) from the VAT between 2025 and 2029. It plans to allocate 5% ...

THERE is “no guarantee” that foreign digital service providers will continue with their current pricing schemes now that they are being charged value-added tax (VAT), the Bureau of Internal Revenue ...

A statement by the Finance Ministry said the incentives are aimed at revitalising Nigeria's oil and gas sector.

The Philippines will impose a 12% value-added tax on digital services offered by tech giants such as Amazon, Netflix, Disney, ...

Slovakia’s parliament passed a €2.7 billion ($3 billion) consolidation package to reduce one of the highest budget deficits ...

The Philippines will levy a 12% value-added tax, or VAT on digital services provided by companies such as Alphabet (GOOG) ...