MANILA (Reuters) - The Philippines will impose a 12% value-added tax (VAT) on digital services offered by tech giants such as Amazon, Netflix, Disney, and Alphabet, in a move that will level the ...

Philippines - Leveling The Digital Playing Field. Legal News and Analysis - Philippines - Regulatory & Compliance - Conventus ...

With the passage of RA 12023, the Philippines joins Singapore, Indonesia, Malaysia and Thailand, which have earlier levied their own VAT from digital services. The Philippine government expects to ...

The results of the Philippines-United States talks in Washington DC between President Donald Trump and President Ferdinand Marcos, Jr. have been released. The talks covered a whole spectrum of issues ...

Philippines has officially enacted a 12% value-added tax (VAT) on non-resident digital service providers, including popular platforms like Netflix, HBO, and Disney.

In relation to the imposition of VAT on digital services mentioned earlier, Revenue Memorandum Circular (RMC) No. 047-2025 had clarified that digital services rendered by non-resident digital ...

The Philippines will impose a 12% value-added tax on foreign digital-service providers such as Google and Amazon.com to level the playing field for both local and international players.

The RMC reiterated that the VAT on Digital Services is based on consumption, not on the physical presence of the service provider in the Philippines. Accordingly, in these Business-to-Business (B2B) ...

2. 12% VAT on NRDSPs A feature of RA No. 12023 is the imposition of a 12% VAT on gross sales from digital services consumed in the Philippines, regardless of the provider’s location. This measure ...

Digital Service Tax To Be Imposed in the Philippines According to Bloomberg 's latest report, the upcoming DST is expected to generate more than $208 million (11.7 billion pesos) in revenue by 2023.