- Philippine Congress passed Republic Act No. 12023 on 2 October 2024
- The law extends VAT obligations to digital service providers without physical presence in the Philippines
- Non-residential providers are now included in the VAT obligations
Source: officialgazette.gov.ph
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.
Latest Posts in "Philippines"
- Philippine Court Upholds Denial of Input VAT Refund on Zero-Rated Sales for Logistics Firm
- New VAT Rules for Registered Business Enterprises in the Philippines Under RR No. 01-2026
- Business Groups Call for Fuel VAT Suspension to Ease Rising Costs, Support MSMEs
- Bam Aquino Proposes Lowering VAT to 10% to Ease Rising Cost of Living
- Senate Proposes Lower VAT to Ease Middle Class Burden Amid Fuel Crisis in Philippines
