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 ...
Commissioner Romeo Lumagui Jr. said Friday he supports the goal of Republic Act No. 12023 to level the playing field between ...
Consumers will likely feel the impact of the value-added tax on foreign digital service providers in the first quarter of ...
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 ...
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 ...
The Philippines will impose a 12% value-added tax (VAT) on digital services offered by tech giants such as Amazon, Netflix, ...