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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VAT
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.”
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