While many countries introduce new tax obligations for foreign digital service providers or refine existing regulations, some ...
NON-RESIDENT digital service providers (DSPs) will not be required to appoint a local representative when registering under the newly enacted value-added tax law, according to draft regulations issued ...
The currency exchange industry has witnessed a profound transformation over the past few decades, fueled by the rapid rise of ...
“By imposing VAT on both local and foreign digital services, the government is creating a more competitive environment for local digital service providers and greater incentives for them to ...
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DOF: Gov’t expects to collect P102.12B from VAT on foreign digital services in 5 yearsIn a statement, the DOF said that, with the VAT on foreign digital service providers in place, it expects to collect P102.12 billion from 2025 to 2029. In 2025 alone, at 50% compliance, the ...
As commerce becomes increasingly integrated on a global scale, many companies are setting their sights beyond domestic shores ...
HSBC Fintech Services (Shanghai), which is HSBC's wholly foreign-owned financial technology subsidiary in China, and Siemens' digital health subsidiary are among those participating in the pilot ...
"The Income Tax (Amendment) Bill, 2023 will tax non-resident providers of digital services in Uganda such as Facebook, Twitter, Amazon, Netflix, etc.," the parliament said in a brief statement on ...
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