Economy

Marcos Jr inks 12% VAT law on digital services

Philippines President Ferdinand Marcos Jr.

MANILA: President Ferdinand Marcos Jr signed into law the value-added tax (VAT) on digital services, which will impose a 12% VAT on digital services provided by foreigners.

The event was done in a ceremony in Malacanang yesterday.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
DigitalVAT , PhilippineEconomy , TaxReform , eCommerceTax , DigitalServices , RevenueGeneration , TaxCompliance

Next In Business News
Ringgit closes higher against greenback on cautious market sentiment
T7 Global subsidiary appointed panel contractor for PETRONAS
YTL inks RM200mil naming rights deal with Aviva for Bristol arena
KL High Court dismisses appeals of former Jalatama officers
Well Chip posts FY25 net profit jump to RM86.15mil
Angkasa targets 2026 revenue to reach up to RM75bil
Aeon Credit issues RM100mil five-year senior sukuk
Late bargain-hunting lifts Bursa Malaysia to end higher
Net foreign inflows into Malaysian bonds reach RM951.9mil in January - RAM Ratings
Wawasan Dengkil's 2Q net profit falls due to revision of project costs

Trending in Business

Others Also Read

Load more

Copyright © 1995- Star Media Group Berhad [197101000523 (10894-D)]

Best viewed on Chrome browsers.