The government has listed more than 2,200 medicines as exempted from value-added tax this year, with cancer, hypertension and ...
MANILA (Reuters) - The Philippines will impose a 12% value-added tax (VAT) on digital services offered by tech giants such as Amazon, Netflix, Disney, and Alphabet, in a move that will level the ...
Philippines imposed a 12% value-added tax (VAT) on non-resident digital service providers, including popular platforms like Netflix (NASDAQ:NFLX), HBO (WBD), and Disney (NYSE:DIS), a local newspaper ...
The Manila Times on MSNOpinion

Drop the VAT on electricity

THE value-added tax (VAT) applied to electricity consumption has been universally hated by the public since its ...
MANILA, Philippines — Netflix Philippines has informed users of a price increase across all subscription plans starting June 1. The streaming service is adjusting its prices to reflect the 12% ...
Foreign companies are taxable in the Philippines on their income derived from sources within the country, regardless of their ...
The Manila Times on MSN

Bill scrapping VAT on power backed

FOUR business groups on Wednesday issued a statement supporting House Bill 6740, which seeks to scrap value-added tax (VAT) on electricity sales.
MANILA, Jan 29 (Reuters) - Philippines President Ferdinand Marcos has approved a value-added tax refund programme for foreign tourists by 2024 to attract more visitors, the Presidential Communications ...
THE exemption of electricity from value-added tax (VAT) will help ease the burden on consumers and improve Philippine ...