Philippines: VAT on digital services in Bill Amending and Adding New Sections of the National Internal Revenue Code (SB No. 2528)
Progress
Current status
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
legislature
Government Body
parliament
Implementation Level
national
Timeline of events
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…
SourceEvent type
law
Action type
introduction
Government branch
legislature
Government body
parliament