Comment on Philippines to Impose 12% Tax on Foreign Streamers – Global Bulletin

Philippines to Impose 12% Tax on Foreign Streamers – Global Bulletin

TAXING SITUATION The Philippines is to impose a 12% value-added tax on overseas digital service providers operating in the country, including Netflix, HBO and Disney. The measure was signed into law on Wednesday by President Ferdinand Marcos Jr. “If you are reaping the rewards of a fruitful digital economy here, it is only right that […]

 

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