THE Philippines could generate more revenues by gradually removing major value-added tax (VAT) exemptions, phasing out income tax holidays and adopting an emissions trading system (ETS), according to ...

The Department of Finance (DOF) and the Bureau of Internal Revenue (BIR) issued new regulations to clarify value-added tax ...

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 ...

THE DEPARTMENT of Finance (DoF) is reviewing the Organisation for Economic Co-operation and Development’s (OECD) suggestion for the Philippines to remove the value-added tax (VAT) exemptions for ...

The Philippines will impose a 12% value-added tax on digital services offered by tech giants such as Amazon, Netflix, Disney, and Alphabet. The country's internal revenue agency said the move that ...

Additional taxes on digital services, including Steam, have just been rolled out in the Philippines, but not all game prices have gone up yet. Steam has officially begun charging 12% Value Added Tax ...

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 ...

REMOVING value-added tax (VAT) exemptions for senior citizens as well as private education and healthcare may boost government revenue collections, but analysts warned this move is “socially harmful” ...

MANILA, Philippines — The Philippines needs to step up revenue mobilization and rely more on tax reforms to stabilize public debt and meet rising spending pressures, according to the Organization for ...

THE PHILIPPINES should reduce fiscal incentives and phase out value-added tax (VAT) exemptions for senior citizens and private education to trim debt and narrow the budget deficit, the Organisation ...