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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. โ€œIf you are reaping the rewards of a fruitful digital economy here, it is only right that [โ€ฆ]

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