The House Committee on Ways and Means approved House Bill No. 372, which imposes VAT on non-resident digital service providers. It was filed by the author of the bill, Albay Representative Joey Salceda on 30 June 2022. The bill clarifies the imposed VAT on non-resident digital service companies (e.g., Amazon and Google).
Source GVC
Latest Posts in "Philippines"
- Philippine Court Clarifies Refunds of Unutilized Input VAT on Zero-Rated Sales for 2020
- VAT Rules for Freebies and Promotional Items in the Philippines: Key Concepts and Legal Framework
- The BIR suspends audits of books of accounts until further notice
- Philippine Senate Proposes Abolishing VAT and 3% Tax, Signaling Major Tax Reform
- Philippine Court Clarifies Input VAT Refunds for Zero-Rated Sales in Recent Decision
