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MANILA, Philippines — Consumers will likely feel the impact of the value-added tax (VAT) on foreign digital service providers in the first quarter of 2025, according to the Bureau of Internal Revenue (BIR) which stressed there is no guarantee from government that subscription costs will not increase.
THE Department of Information and Communications Technology (DICT) warned the public against unverified independent tower companies claiming to be third party telecommunity tower providers.
Senator Win Gatchalian said the enactment of the value-added tax (VAT) imposition of digital services levels the playing field amid growing Filipino preference for digital services.
The time to waive service fees on electronic fund transfers is long overdue, Senate President Francis "Chiz" Escudero said in backing the move of Bangko Sentral ng Pilipinas (BSP) to remove such charges for personal transactions and payments to micro, small and medium enterprises (MSMEs).
MANILA, Philippines — President Ferdinand Marcos Jr. has signed into law a measure that taxes foreign digital services, which includes overseas-based e-commerce firms and popular streaming platforms such as Netflix, HBO and Disney.
MANILA, Philippines – As a bill easing restrictions on telco operations continues to be pushed, the Department of Information and Communications and Technology (DICT) has warned the public about unverified tower companies claiming to be part of “the third telco tower provider” in the Philippines.
Senate President Francis "Chiz" G. Escudero said the bill imposing a 12-percent value-added tax (VAT) on digital transactions will level the playing field for local and foreign digital service providers (DSPs), streamline tax administration and shore up government coffers by at least P80 billion in revenues.
MANILA, Philippines — Digital piracy is rampant. One wrong press on the keyboard while online, and one just might fall prey to it.