PCCI: VAT on digital services supports fair competition
The Philippine Chamber of Commerce and Industry (PCCI) said it supports the enactment of a law imposing value-added tax (VAT) on digital services. PCCI president Enunina Mangio said the law would enhance fair competition and potentially benefit domestic businesses.
PCCI: 12% VAT on foreign digital services to create competitive environment
The Philippine Chamber of Commerce and Industry (PCCI), the country’s largest business sector group, on Friday welcomed the signing into law of a measure imposing value-added tax on foreign digital service providers.
Philippines to Impose 12% VAT on Foreign Digital-Service Providers
The Philippines will impose a 12% value-added tax on foreign digital-service providers such as Google and Amazon.com to level the playing field for both local and international players.
Digital service providers based abroad to be taxed
President Ferdinand Marcos has signed into law a measure that imposes a 12% value-added tax on foreign-based firms providing digital services in the country.
VAT on digital services to level playing field
Commissioner Romeo Lumagui Jr. said Friday he supports the goal of Republic Act No. 12023 to level the playing field between brick-and-mortar companies and digital service providers, whether or not the latter have offices in the Philippines.
Philippines to tax foreign-based digital service providers
Manila: Philippine President Ferdinand Marcos on Wednesday signed into law a measure that imposes a 12 percent value added tax on foreign based
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,
Marcos signs law imposing 12% VAT on foreign digital services providers
PRESIDENT Ferdinand Marcos Jr. has signed into law the imposition of a 12 percent value-added tax (VAT) on foreign digital service providers (DSPs), a priority
Philippines imposes 12% VAT on digital services by tech giants
The Philippines will impose a 12% value-added tax on digital services offered by tech giants such as Amazon, Netflix, Disney, and Alphabet, in a move that aims to level the playing field with domestic players,
Digital services by foreign tech companies to see 12% value-added tax in the Philippines - report
The Philippines will levy a 12% value-added tax, or VAT on digital services provided by companies such as Alphabet (GOOG) (GOOGL), Netflix (NFLX), Amazon (AMZN) and Disney (DIS) in an attempt to bridge the gap with local brick and mortar players,
Philippines Imposes 12% VAT on Foreign Digital Services
President Bongbong Marcos has officially enacted Republic Act No. 12023, which introduces a 12% value-added tax (VAT) on foreign digital service providers (DSPs) operating in the Philippines. This law applies to popular platforms like Netflix,
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‘VAT on digital services levels the playing field, a boon to local retailers’
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 ...
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Lumagui: VAT on Resident & Non-Resident Digital Service Providers will promote a Fair & Competitive Business Environment in the Philippines
Commissioner Romeo D. Lumagui Jr. supports the goal of Republic Act No. 12023, which is to level the playing field between ...