Philippines imposes 12% VAT on digital services by tech giants
Philippines imposes 12% VAT on digital services by tech giants
e.vnexpress.net Philippines imposes 12% VAT on digital services by tech giants - VnExpress International
The Philippines will impose a 12% value-added tax on digital services offered by tech giants such as Amazon, Netflix, Disney, and Alphabet, in a move that aims to level the playing field with domestic players, the country’s Bureau of Internal Revenue (BIR) announced on Wednesday.
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This will also apply to things like Amazon, SHEIN, and Temu.
edit TEMU not TRUMP
I'd be happy to pay the VAT if someone sold and crate-shipped Trump to a third world country. How much is 12% on a dollar anyway...
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