Philippines levies 12% VAT tax on digital services by tech giants
The Philippines will impose a 12% value-added tax (VAT) on digital services offered by tech giants such as Amazon , Netflix , Disney , and Alphabet , in a move that will level the playing field with domestic brick and mortar players,
To raise money for government projects, the Philippines will extend a 12% tax on digital services to international companies—streaming services, e-commerce sites, search engines, and more.
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[5] It was submitted that as per provisions under Section 75 of the GVAT Act, the Tribunal could not have passed an order of pre-deposit and on failure thereof, ought not to have dismissed the ...
The removal of a tax exemption for private schools from January is an important part of Prime Minister Keir Starmer's drive ...
The federal government has exempted 63 items from value-added tax (VAT). According to a post on X by Taiwo Oyedele, chairman ...
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New tax law hopes to raise P105B from foreign DSPsPresident Marcos on Wednesday signed into law a measure imposing a 12-percent value-added tax (VAT) on foreign digital ...
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