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TAXING SITUATION The Philippines is to impose a 12% value-added tax on overseas digital service providers operating in the country, including Netflix, HBO and Disney. The measure was signed into ...
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), Netflix (NFLX.O), Disney (DIS.N), and Alphabet ...
The Philippines expects to lose 5.9 billion pesos ($100.89 million) in tax revenue from the new law from 2025 to 2028, according to a document prepared by the president's communications office.
Philippines Cuts Corporate Tax, Adds Perks to Win Investment Law cuts tax rate for registered businesses to 20% from 25% New law plus rate cuts may double inward FDI, Recto says ...
TAXING SITUATION The Philippines is to impose a 12% value-added tax on overseas digital service providers operating in the country, including Netflix, HBO and Disney. The measure was signed into ...
TAXING SITUATION The Philippines is to impose a 12% value-added tax on overseas digital service providers operating in the country, including Netflix, HBO and Disney. The measure was signed into ...