Additional taxes on digital services, including Steam, have just been rolled out in the Philippines, but not all game prices ...

After numerous discussions among various stakeholders, the imposition of VAT in the country on the digital services provided ...

The Filipinos’ growing reliance on online platforms has driven massive growth in the Philippine digital economy ... So, how exactly will they remit VAT? The answer lies in a forthcoming innovation.

Among these is Republic Act (RA) No. 12023, which imposes a 12% VAT on all digital services consumed ... prior to the VDS Portal roll-out. This requirement applies regardless of the nature of ...

MANILA, Philippines — Filipinos would have to ... Specifically, RA 12023 applied the 12 percent VAT on digital services, such as Netflix. The law applies to online search engines, marketplaces ...

Digital platforms ... authority to collect VAT from DSPs,' Asuncion said at the same Palace briefing. The law defines DSP as a non-resident or resident supplier of digital services to consumer who ...

The Philippines will impose a 12% value-added ... President Ferdinand Marcos Jr. on Wednesday signed a law imposing VAT on nonresident digital services, including search engines, online ...

Voting 167-6-1, lawmakers late on Tuesday approved on third and final reading a bill imposing a 12% value-added tax (VAT) on digital transactions in the Philippines. It will require foreign-based ...

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 ...

OVER the past few years, a substantial improvement in the Philippines’ digital ... term economic digitalization plan. The rollout of the national ID or PhilSys ID system accelerates the transition to ...