On 21 September 2021, The Philippines House of Representatives approved in its final reading House Bill No. 7425, an Act Imposing Value-Added Tax on Digital Transactions in The Philippines, which provides for the imposition of VAT on digital non-resident digital service providers. The bill must now be approved by the Senate.
Source Orbitax
Latest Posts in "Philippines"
- Philippines Faces Potential Tariffs as Trump Targets Countries with Digital Taxes
- Philippines Announces VAT Exemption on Medicines to Lower Healthcare Costs and Improve Access
- Philippines President Approves VAT Refund Program to Boost Tourism by 2024
- Philippine Court Clarifies Input VAT Refunds for Zero-Rated Sales in Outsourcing Services Case
- Philippine Court Denies VAT Refund for Singapore Firm Due to Insufficient Documentation
