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 ...
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PH nets nearly P3-B digital VAT from tech companies
The government has collected nearly P3 billion so far from technology firms under a 12 percent value-added tax (VAT) on digital services, capturing revenues that had long proved elusive amid the rapid ...
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, ...
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