Proposed VAT on Digital Goods a Bad Idea, Says Former Solon
“This proposal is definitely anti-consumer and must be opposed, junked and buried,” he said in a statement.
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DOF
Finance Secretary Mulls Imposing Tax on Digital Transactions
The former Bangko Sentral ng Pilipinas (BSP) Governor insisted that digital transactions should be taxed on the basis of fairness.
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Incoming DOF Chief Disagrees on Proposed Tax Reforms Which Include Crypto, Digital Goods
Diokno noted that the DOF must focus mainly on the government’s tax administration during the first year of President-elect Ferdinand R. Marcos Jr.
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Department of Finance: Axie Infinity Creator Off to a Good Start
The Department of Finance (DOF) Secretary Carlos G. Dominguez III said that Sky Mavis, the Vietnamese company of Axie Infinity, has gotten off to a “good start” after it encouraged its players to abide by the laws of their respective countries.
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BIR, DOF are Looking Into Axie Infinity, Earnings are Taxable says Finance Undersecretary
An independent estimation reveals that Php 2 billion was remitted to the Philippines last July via earnings by Filipinos playing Axie Infinity.
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PH DOF Warns the Public Against “Bitcoin Lifestyle” Scam, Which Uses the President to Entice Individuals to Invest
The Department of Finance (DOF) warns the public of fake news circulating on the Internet claiming that the government created a platform where citizens can invest in cryptocurrency.
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