government to tax digital service providers

DAVAO CITY --- Foreign corporations selling digital services in the country such as Netflix, Spotify, and others, will have to pay for and impose VAT on their services. This, after the House of Representatives’ Ways and Means Committee on Wednesday, approved a proposal imposing a 12 percent value-added tax (VAT) on digital transactions in the country. Albay … [Read more...] about Government to tax foreign corporations selling digital services