12% VAT! Here’s the Full List of Digital Services Now Taxed in the PH
Find out which digital platforms will face a 12% VAT under R.A. 12023—and which services the BIR says are safe from the tax hike.
Find out which digital platforms will face a 12% VAT under R.A. 12023—and which services the BIR says are safe from the tax hike.
Mon Abrea urges the Philippine government to focus on fair taxation of foreign digital service providers under RA 12023.
“This proposal is definitely anti-consumer and must be opposed, junked and buried,” he said in a statement.
BSP Governor Benjamin Diokno noted that taxing digital transactions is universal for both developed and emerging economies like the Philippines, adding that “taxing transactions is better than taxing income.”