Recent Developments in VAT Treatment of Building Sales: Revisiting the Classification Criteria

RA 12023 imposes VAT on digital services like streaming services and e-commerce platforms
Digital services include services supplied over the internet or electronic networks
Nonresident digital service providers will be taxed based on consumer VAT registration status
VAT-registered consumers must remit VAT to BIR under reverse charge mechanism
VAT-registered consumers can claim input tax, while NDSPs cannot claim tax credits
Online/e-marketplaces must remit VAT on transactions of nonresident sellers
VAT-exempt digital services include online educational services and subscription-based services to government agencies

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.