The Philippines has imposed a 12% VAT tax on digital services provided by tech giants. The article discusses the implications ...

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

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 ...

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

The country’s group of retailers cheered the signing of the law imposing value-added tax on digital services as this would ...

Visa is not new to the world of blockchain-based currencies. A year ago, for example, it announced a pilot to extend its cryptocurrency services into merchant acquiring for cross-border transactions.

A 12% Value Added Tax (VAT) will be soon imposed on foreign digital services, including Netflix, Spotify, and Amazon, among ...

MANILA (Reuters) - The Philippines will impose a 12% value-added tax (VAT) on digital services offered by tech giants such as ...

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 ...

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 ...

Commissioner Romeo Lumagui Jr. said Friday he supports the goal of Republic Act No. 12023 to level the playing field between ...

The Bureau of Internal Revenue (BIR) said the new law imposing a 12-percent value-added tax (VAT) on foreign digital services ...