- BIR introduces guidelines for nonresident digital service providers to comply with Philippine tax laws
- Launch of VAT on Digital Services Portal for registration, information updates, VAT returns, and tax payments
- Portal facilitates compliance and improves tax collection from digital service sector
- Policy applies to digital services consumed in the Philippines, regardless of provider location
- Affects companies like Google, Amazon, Facebook, Netflix, and Spotify
- NRDSPs can obtain a Taxpayer Identification Number online and register via the Online Registration and Update System
- Registration requires official documents and a certificate of tax residency for foreign entities
- VAT payment deadline is 25 days after each taxable quarter ends
Source: abs-cbn.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.
