Philippines to Impose 12% Tax on Foreign Streamers โ Global Bulletin
3 October 2024 at 07:01
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. โIf you are reaping the rewards of a fruitful digital economy here, it is only right that [โฆ]