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.

This law could support the development of local streaming platforms as global companies like Netflix and regional provider Viu aim to grow their presence in the Philippines, which has a population exc

Philippine president signed a law imposing VAT on non-resident digital service providers such as Netflix, Google and Amazon to raise revenue.