Philippines: VAT on digital services in Bill Amending and Adding New Sections of the National Internal Revenue Code (SB No. 2528)

Progress

Current status
in grace period
18 Oct 2024 in grace period
30 Jul 2024 adopted
30 Jan 2024 under deliberation

Scope

Implementers
Philippines
Policy Area
Taxation
Policy Instrument
Indirect taxes
Regulated Economic Activity
online advertising provider
digital payment provider (incl. cryptocurrencies)
streaming service provider
platform intermediary: e-commerce
search service provider
infrastructure provider: cloud computing, storage and databases
Government Branch
executive
legislature
Government Body
central government
parliament
Implementation Level
national

Timeline of events

18 Oct 2024
in grace period

Entry into force with grace period of Bill Amending and Adding New Sections of the National Internal Revenue Code including 12% VAT on digital services (SB No. 2528)

On 18 October 2024, the Bill Amending and Adding New Sections of the National Internal Revenue Code, including 12% VAT on digital services (SB No. 2528), enters into force. The Bill mandates nonresident digital services providers (DSP) to register f…

Source
Event type law
Action type in force with grace period
Government branch executive
Government body central government
30 Jul 2024
adopted

Adopted Bill Amending and Adding New Sections of the National Internal Revenue Code including 12% VAT on digital services (SB No. 2528)

On 30 July 2024, the Bill Amending and Adding New Sections of the National Internal Revenue Code including 12% VAT on digital services (SB No. 2528), was adopted in the Philippines House of Representatives. The Bill mandates nonresident digital serv…

Source
Event type law
Action type adoption
Government branch legislature
Government body parliament
30 Jan 2024
under deliberation

Introduced Bill Amending and Adding New Sections of the National Internal Revenue Code including 12% VAT on digital services (SB No. 2528)

On 30 January 2024, Bill Amending and Adding New Sections of the National Internal Revenue Code including 12% VAT on digital services (SB No. 2528), was introduced in the Philippines Senate. The Bill would mandate nonresident digital services provid…

Source
Event type law
Action type introduction
Government branch legislature
Government body parliament