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 Manila Times on MSNOpinion
Drop the VAT on electricity
THE value-added tax (VAT) applied to electricity consumption has been universally hated by the public since its ...
Philippines imposed a 12% value-added tax (VAT) on non-resident digital service providers, including popular platforms like Netflix (NASDAQ:NFLX), HBO (WBD), and Disney (NYSE:DIS), a local newspaper ...
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Foreign companies are taxable in the Philippines on their income derived from sources within the country, regardless of their ...
BusinessWorld on MSN
Biz chambers call for power to be VAT-exempt
THE exemption of electricity from value-added tax (VAT) will help ease the burden on consumers and improve Philippine competitiveness, business groups said. “Electricity is a basic and indispensable ...
MANILA, Jan 29 (Reuters) - Philippines President Ferdinand Marcos has approved a value-added tax refund programme for foreign tourists by 2024 to attract more visitors, the Presidential Communications ...
MANILA, Sept 22 (Reuters) - The Philippines' lower house of Congress has approved a bill imposing taxes on tech giants like Facebook (FB.O), opens new tab, Alphabet's (GOOGL.O), opens new tab Google ...
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