Philippines: Introduced Bill Amending and Adding New Sections of the National Internal Revenue Code including registration requirement (SB No. 2528)
Description
Introduced Bill Amending and Adding New Sections of the National Internal Revenue Code including registration requirement (SB No. 2528)
On 30 January 2024, Bill Amending and Adding New Sections of the National Internal Revenue Code including registration requirement for digital services (SB No. 2528), was introduced in the Philippines Senate. The Bill would mandate nonresident digit…
Scope
Policy Area
Authorisation, registration and licensing
Policy Instrument
Business registration requirement
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
Implementation Level
national
Government Branch
legislature
Government Body
parliament
Complete timeline of this policy change
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2024-01-30
under deliberation
2024-07-30
adopted