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After numerous discussions among various stakeholders, the imposition of VAT in the country on the digital services provided ...
Services are generally subject to value-added tax in the Philippines. However, this is not without limitation. While VAT is ...
A tax expert says the 12 percent VAT on digital services may be passed on to consumers, resulting in higher fees.
Additional taxes on digital services, including Steam, have just been rolled out in the Philippines, but not all game prices ...
No. 47-2025 clarifying some issues regarding the value-added tax (VAT) on digital services imposed by Republic Act No. 12023. Earlier, the BIR issued Revenue Regulations No. 03-2025, which left ...
The Philippines is no exception. Starting on June 2, digital services consumed within the country will be subject to a 12% Value-Added Tax (VAT), following the signing of Republic Act (RA) No. 12023 ...
The Manila Times on MSN10d
Understanding VAT exemptions
IN a profession marked by constant change and intricate legislation, taxation in the Philippines is anything but static. For certified public accountants (CPAs), navigating these changes has become a ...
The Philippines is no exception. Starting on June 2, digital services consumed within the country will be subject to a 12% Value-Added Tax (VAT), following the signing of Republic Act (RA ...
From the government’s perspective, the VAT on digital services is a necessary step to ensure that all businesses, whether ...
The national government recorded a budget surplus of P67.3 billion in April, surging by 57.51 percent or P24.6 billion from a ...
Malacañang on Friday said leaders of the Senate and the House of Representatives have committed to pass the long-delayed ...