- Book industry petitioners asked the Philippine Supreme Court to strike down the VAT on digital books and other digital written works under Republic Act 12023.
- The law imposes VAT on digital services and products supplied remotely by local and foreign providers.
- Petitioners argue books and reading materials should remain VAT-exempt to improve access to education.
- They also requested a temporary restraining order and challenged a BIR circular suspending the tax pending legislative changes.
- The Supreme Court will decide next; if the petition succeeds, overseas digital providers would stop collecting VAT on these supplies.
Source: 1stopvat.com
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.
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