VAT, Marcos
Marcos signs into law VAT on foreign digital services
President Ferdinand Marcos Jr. on Wednesday signed into law the bill seeking to impose value added tax (VAT) on digital services provided by foreign companies. In a ceremony in Malacañang, Marcos signed Republic Act (RA) 12023 or the Value Added Tax (VAT) on Digital Services Law before legislators,
Philippines To Tax Foreign-based Digital Service Providers
Philippine President Ferdinand Marcos on Wednesday signed into law a measure that imposes a 12 percent value-added tax on foreign-based firms providing digital services in the country.
Marcos signs law imposing 12% VAT on foreign digital services
President Ferdinand Marcos Jr. has signed into law a measure that taxes foreign digital services, which includes overseas-based e-commerce firms and popular streaming platforms such as Netflix, HBO and Disney.
Marcos signs law imposing 12% VAT on digital services from offshore firms
President Ferdinand Marcos Jr. on Wednesday signed into law the Value-added tax (VAT) on Digital Services, which will impose a 12 percent VAT on digital services provided
Law imposing 12% VAT on digital services signed
No. 12023 or the Value Added Tax (VAT) on Digital Services Law which imposes a 12-percent VAT on digital service providers (DSPs) to level the playing field for local providers and generate additional revenue that will be used to build more classrooms,
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Marcos signs VAT on foreign digital services law
MANILA – President Ferdinand R. Marcos Jr. signed into law on Wednesday a measure imposing a value-added tax (VAT) on foreign ...