MANILA (Reuters): A Philippine lawmaker has introduced a bill in parliament aimed at taxing big tech firms such as Facebook, Alphabet's Google and YouTube, Netflix and Spotify, to raise funds to battle the coronavirus.
The bill looks to raise 29 billion pesos (US$570 million) by imposing a value added tax on digital services provided in the Philippines, a key growth area for e-commerce transactions as its people are among the world's heaviest users of social media.
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