News

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 ...
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 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) ...
Philippines - Leveling The Digital Playing Field. Legal News and Analysis - Philippines - Regulatory & Compliance - Conventus ...
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 ...
After numerous discussions among various stakeholders, the imposition of VAT in the country on the digital services provided by nonresidents finally came into play last year. Beginning yesterday ...
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 ...
Philippines has officially enacted a 12% value-added tax (VAT) on non-resident digital service providers, including popular platforms like Netflix, HBO, and Disney.
THE Bureau of Internal Revenue (BIR) has tapped Landbank to develop the Value-Added Tax on Digital Services (VDS) Portal, a ...