Bam Aquino Files Bill to Lower VAT to 10% Amid Fuel Crisis
Aquino emphasized that the prolonged crisis, driven by geopolitical conflicts such as the US-Israel war on Iran, has severely impacted the middle class.
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Recto Rejects Leviste’s Claims of Blocking VAT Cuts Amid Fuel Price Crisis
Ralph Recto denies blocking VAT reduction bills and challenges lawmakers to pass relief measures as fuel prices strain consumers.
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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.
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Dapat Patas! Tax Expert Mon Abrea Calls for Fair Taxation Under New VAT on Digital Services Law
Mon Abrea urges the Philippine government to focus on fair taxation of foreign digital service providers under RA 12023.
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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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BSP: 12% VAT on Digital Services Necessary for Emerging Economies
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.”
