Philippines: Introduction of House Bill 7425 introducing indirect taxation on digital service providers
Description
Introduction of House Bill 7425 introducing indirect taxation on digital service providers
House Bill 7425 is introduced in the House of Representatives for discussion. The Bill imposes a 12 per cent value-added tax (VAT) on digital transactions. The "digital service providers" definition includes third party sellers, e-commerce and aucti…
Scope
Policy Area
Taxation
Policy Instrument
Indirect taxes
Regulated Economic Activity
cross-cutting
Implementation Level
national
Government Branch
legislature
Government Body
parliament