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 ...

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 ...

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 ...

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 ...

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 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.

MANILA, Philippines — Netflix Philippines ... adjusting its prices to reflect the 12% value-added tax (VAT) now imposed on foreign digital service providers under Republic Act 112023, which ...

on digital services and amended several provisions of our National Internal Revenue Code (Tax Code), is a game changer in VAT taxation in the Philippines. VAT is a transaction tax. For the government ...