In October 2024, the Philippine government signed into law the Value-Added Tax on Digital Services, reinforcing tax regulations on online platforms operating in the country. This law applies to ...

MANILA (Reuters) - 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 ...

The Senate is targeting the passage of a measure imposing a value-added tax (VAT) on digital services like Netflix and Disney Plus, among others, so that the government can collect up to P145 billion ...

MANILA, Philippines — Consumers will likely feel the impact of the value-added tax (VAT) on foreign digital service providers in the first quarter of 2025, according to the Bureau of Internal Revenue ...

THE Bureau of Internal Revenue (BIR) last Jan. 16 issued Revenue Regulations (RR) 3-2025 implementing provisions of Republic Act (RA) 12023 that imposed a 12-percent value-added tax (VAT) on gross ...

It is undeniable that we are currently living in a dynamic landscape of the digital era. The impact and significance of digitalization in our daily lives have become more apparent through the years.

IN last week's article, we discussed that to qualify for value-added tax (VAT) zero-rating under Section 108(B)(2) of the National Internal Revenue Code, the following elements must be present: (1) ...

Additional taxes on digital services, including Steam, have just been rolled out in the Philippines, but not all game prices have gone up yet. Steam has officially begun charging 12% Value Added Tax ...

MANILA, Oct 3 (Reuters) - The Philippines will impose a 12% value-added tax (VAT) on digital services offered by tech giants such as Amazon (AMZN.O), opens new tab, Netflix (NFLX.O), opens new tab, ...

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 ...