- BIR postponed VAT on digital services by foreign providers to local consumers to 1 July 2025
- A new simplified VAT registration portal was launched
- Companies need to register only if annual revenue exceeds PHP 3 million
- No requirement for a local tax agent or fiscal representative for VAT registration
Source: fiscalsolutions.co.uk
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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